This refers to the editorial ‘Between the cracks’ (IE, May 9). The arrest of Financial Technologies India Limited chairman Jignesh Shah has come too late. One wonders what the investigating agencies were doing all this time. The National Spot Exchange Limited scam was unearthed many months ago. And it was fairly clear to most people who the possible culprits could be. Countless investors lost their hard-earned savings in the scam. Regulatory bosses and brokerage firms don’t come out smelling of roses either. I suspect that several powerful and well-connected people must be involved. It is not easy for generalist policemen to investigate financial crime. Perhaps the government needs to appoint specialist investigators to crack the case. This episode also points to weak areas in regulation and criminal investigation that need strengthening.
— S.N. Kabra (Mumbai)
This refers to ‘Day of the sleuth’ by Shailaja Chandra (IE, May 9). The writer is correct to assert that vesting the CBI with unbridled power will not eliminate corruption. However, the issue is not about removing corruption. It is about clearing roadblocks to quick and effective investigation and prosecution. There is no question that the CBI must be fair and transparent, in keeping with its enhanced power. It must act without favour or prejudice. It has to guard itself from being seen as an agency susceptible to political pressure or vendetta politics. Unfortunately, the decision-making ability of zealous and capable officers is bound to be hampered by this judgment and by certain provisions of the Prevention of Corruption Act. The incoming government needs to look into these problem areas.
— Ganapathi Bhat (Akola)
On clean chits
This refers to ‘CBI gives clean chit to Shah in Ishrat killing’ (IE, May 8). The cliche, “clean chit”, is used indiscriminately by the media while reporting on action taken by investigating agencies. The phrase “clean chit” indicates that a party has been cleared of all charges and that there is no substance to the allegations. The media routinely uses this phrase while referring to cases in which the investigating agency has decided not to file a chargesheet. This is misleading because, in a number of cases, such a decision is taken due to want of adequate evidence. In your story, the fact that there was “insufficient evidence” against Amit Shah doesn’t mean he’s been given a clean chit.
— A.V. Krishnan (Pune)
The district magistrate of Varanasi displayed rare courage and wisdom in disallowing Narendra Modi’s rally in a communally sensitive area.
The security and morale of people was at stake.
— Sukumar Shidore (Pune)