'I am not a person who wants to cling to power at any cost. But, if I resign now, I will be doing injustice to truth,' Chandy, in the eye of a storm triggered by the scam, told reporters after a cabinet meeting here today.
Expressing confidence of overcoming the present crisis, he said it was now a political issue and 'we will fight it out.'
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'Party high command, state congress party, ministry and ruling UDF is united on this issue,' he asserted.
Chandy said the charges against him were part of a political conspiracy by the CPI-M led LDF opposition, because all their agitations against the UDF government after it came to power failed to click.
The conspiracy started after the arrest of a personal staff in the Chief Minister's office, he said.
'After that the LDF thought, it was a chance to target me and the UDF government', he said adding 'we will not yield to their political designs.'
On the 12-hour hartal called by the opposition today demanding his resignation, Chandy said it was a challenge to people and government would not tolerate violence in the pretext of agitation.
Chandy also rejected the statement of the complainant in the solar case, Sreedharan Nair, that he had met the chief minister and discussed solar project.Investigation into the case was progressing in the right direction and 'all accused in the case would be brought before law,' he said.
The scam pertains to alleged cheating of several persons to the tune of crores of Rupees by one Saritha Nair and her accomplice Biju Radhakrishnan by offering solar panel solutions. An actress Shalu Menon has also been arrested in connection with the case,
It took a serious political turn with the arrest of one of Chandy's close personal aides, who has alleged links with the accused. Two other employees in his personal staff have also been removed in connection with the scam.