New Delhi, Mar 29: Union minister Smriti Irani on Thursday quoted media reports to allege that former Union minister Kapil Sibal bought a company from a money laundering accused.Also Read - Please Don't Lie: Smriti Irani-Congress Leader In-flight Face Off Over Petrol and Fuel Price Hike | Watch

“The person who was being probed by CBI for bribery during UPA government and against whom South African journalists leveled charges of money laundering, from him Kapil Sibal and his wife got the ownership of a company named Grand Castello,” she alleged. Also Read - On Smriti Irani’s Birthday, Mouni Roy Pens Beautiful Note For Her ‘Di’: I Wish to be Like You

She further said whether it was politically acceptable to Congress president Rahul Gandhi. Also Read - 'Step Aside, Give Someone Else A Chance': Congress Leaders Demand Change in Leadership After Party's' Debacle in 5 States

Kapil Sibal responded to the allegations, saying he was well within his right to buy anything he wanted. He said he had bought the company from his earnings and paid taxes for the same.

“We thought she’ll talk about the CBSE paper leak, but it seems she isn’t worried about the students who’ll have to re-appear for their exams,” he said.

“A person who does not know the meaning of money laundering is making allegations? Yes, I bought the company, does anyone mind? I paid and did so from my earnings, tax for which was paid by me, but no one saw it,” he added.