No refund please – AP CM tells Volkswagen

By Vijay Kumar

The German auto company offered to return Rs 11 crore, allegedly spirited away by the company's sacked India representative Helmuth Schuste, but Y S Rajasekhar Reddy, chief minister of Andhra Pradesh, did not buy the scheme.

"In view of the on-going CBI inquiry into the issue, we have declined to accept the money. We are more interested in Volkswagen setting up its car plant here," Reddy said.

So if they set up the plant, are we ready to forget the 11 Crores?

Mrs Chidambaram has returned the fee taken from Income Tax department and we have no news whether the department has accepted her refund.