Terming the disinvestment a "gigantic corruption", Swamy sought a full-fledged investigation into the role of the government and the process which he claimed was lacking in accountability. Citing a media interaction by SpiceJet's CEO Ajay Singh, he submitted that SpiceJet had admitted that it had participated in the bidding to prevent a single bidder situation, accusing Ajay Singh of acting in collusion to allow Tata Sons-backed Talace Private Limited to win the bid for Air India. Swamy argued that SpiceJet was under insolvency as per an order passed by the Madras High Court and wanted that its status as a bidder should be invalidated. Swamy contended that Tata Sons had a stake in Air Asia which was facing criminal proceedings.