Sabu M. Jacob, chief coordinator of the Kitex Group-backed political outfit Twenty20, has justified the donation of ₹25 crore made through electoral bond to the Bharat Rashtra Samithi (BRS), describing it as a ‘gift’ for coming to his aide during a major crisis.
Speaking during the Vote ‘n’ Talk programme organised by the Ernakulam Press Club in Kochi on April 5, Mr. Jacob said he made the donation voluntarily and that he had given similar donations to all political parties, including ₹30 lakh to the CPI(M). He said he will still give donations to political parties if they come asking and sought to differentiate between his identity “as an industrialist and a politician.”
Mr. Jacob said that at a time when he was being allegedly haunted out of Kerala where “the Kitex Group has been the biggest job provider in the private sector for the last 55 years”, the Telangana government invited him there and provided all facilities to start his company.