Swamy alleged that the home ministry was never consulted and had not approved the GSTN operators security clearance to allow them access to tax data. The Centre will hold a 24.5 per cent stake in GSTN. In this case, that would be the central and state governments," Swamy wrote. Swamy said the ownership details of the GSTN company implied that its management in which private companies held a majority stake would have considerable foreign holding. Of the balance 51 per cent, 24.5 per cent will be held by LIC Housing Ltd, an arm of state-owned LIC.

Source: The Telegraph August 11, 2016 19:26 UTC