INX media case: P Chidambaram defends son Karti, says no one from my family could influence FIPB

Chidambaram said the FIPB was serviced by a secretariat, chaired by the secretary economic affairs.

By: Express Web Desk | New Delhi | Updated: May 29, 2017 5:17 pm
fipb, chidambaram, chidambaram raid, cbi, cbi raid, karti chidambaram, corruption, scam, india news, indian express news Chidambaram said in the last two weeks, leaks and insinuations have been “deliberately fed” to a section of the media and “maliciously circulated” on social media. (Representational Image)

Defending his son Karti in the INX media case, former finance minister P Chidambaram on Monday said it was “preposterous” to suggest that any member of his family could influence six secretaries of the central government who were part of the Foreign Investment Promotion Board (FIPB). Rebutting allegations that his son had influenced the decisions of the now-defunct FIPB, Chidambaram said it was a “despicable slur” on the six secretaries of the government.

“Anyone who has worked with me knows that no one would dare to influence my decisions. I had never allowed any family member to speak to me or to any officer of my ministry on any official matter,” he said in a statement.

The CBI had a fortnight ago filed an FIR against Karti, INX Media founders Indrani and Peter Mukerjea on charges of criminal conspiracy, cheating, receiving illegal gratification, influencing public servants and criminal misconduct. The CBI claims that Karti received money from INX Media through a company “indirectly controlled by him” for using his influence to manipulate a tax probe against it.

The senior Congress leader said as far as FIPB cases were concerned, he had approved only FIPB-recommended cases and put before him by the secretary economic affairs.

Chidambaram said the FIPB was serviced by a secretariat, chaired by the secretary economic affairs. It included four other secretaries (industry, commerce, external affairs and overseas Indian affairs) and the secretary of the administrative ministry.

Five of them were among the senior most IAS officers and the sixth was a senior IFS officer of the Ministry of External Affairs. Each of them had a long and distinguished record of service, he said.

The recommendations of the FIPB would be submitted to the Ministry of Finance where they would be once again examined by junior officers and then by the additional secretary and the secretary before the file was put before the minister.

Each file put before the minister would usually contain a number of cases, and the recommendations of the FIPB and the economic affairs secretary, he said.

“At the relevant time, the FIPB was chaired by D Subba Rao who later became governor of RBI. He was succeeded by Ashok Chawla, who later became chairman of the competition commission of India. The other secretaries were equally distinguished civil servants,” he said.

Chidambaram said in the last two weeks, leaks and insinuations have been “deliberately fed” to a section of the media and “maliciously circulated” on social media.

“In fact, I have obtained a copy of the FIR from social media. The origin of these leaks is Çhennai in my home state of Tamil Nadu,” he said.

(With inputs from PTI)

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  1. K
    May 29, 2017 at 11:53 pm
    You should pay attention to a corrupt politician language " It is preposterous... from my family " . Why you need family when Chidu is FM
    1. O
      May 29, 2017 at 10:39 pm
      He can stooge any low, he is dead soul. Karma will make pay back with interest. And his son will enjoy the jail very soon.
      1. B
        May 29, 2017 at 9:39 pm
        no one from my family could influence FIPB only me : P. Chidambaram
        1. A
          ashok kumar
          May 29, 2017 at 9:02 pm
          I can't believe this fellow is cal him innocent. No one deposit or give me money in my fake company account . His son who graduated from ut austin is an and his son and his wife made money through these crooked transactions. He says these senior most ias officers. Ias officers ,senior they are more crooked they are. subba rao who was a disater as rbi governor and chawla probably got these jobs because they showed favors to his son.
          1. A
            May 29, 2017 at 8:33 pm
            Modi govt is on witch hunting spree. Instead of reforming our economy and generating job, it is focusing on implicating opposition leaders.
            1. S
              May 29, 2017 at 10:38 pm
              In addition to revamping the economy, Modi government is also hunting down all those "Anmol Ratans" from the previous regime who misused their power unabashedly and helped their families to siphon off public exchequer.
            2. J
              May 29, 2017 at 8:28 pm
              I guess we ALL know now that why Modi keeps away his family members from the office he holds so dearly!!!
              1. B
                May 29, 2017 at 7:26 pm
                He can bull in media but not in court, what about his son's numerous foreign accounts, please answer specific questions instead spreading white lies. face the court and prove your son innocence. why do not you go to court and say these charges are lies.,
                1. I
                  May 29, 2017 at 7:01 pm
                  When you were in power, you and your govt used similar unfair rule to jail Mr. Y. S. Jagan for 16 months.
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