Deepak Parekh slams Arvind Kejriwal, says corruption cannot be eradicated in India

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Agencies: Mumbai, Nov 04 2012, 14:10 IST

Eminent banker Deepak Parekh today said corruption cannot be eradicated from the system and disapproved the way activist-turned-politician Arvind Kejriwal is going about with his exposes.

"Corruption is not going to go away from our country ... I think the manner in which he (Kejriwal) is going about is not right," Parekh, the HDFC chairman, told a gathering of top industrialists and bankers at an award function held by private channel over the weekend.

Asked whether he would help Kejriwal if he seeks his advice on economic policy matters, Parekh said he will never do so and would never vote for his candidates as he does not approve of the way he is going about with his plans.

Parekh also slammed the media for incessant coverage of Kejriwal & Co. and asked it to report other important issues.

"I would like to blame you, the media...you have nothing else to report other than Kejriwal. Why do you give so much of importance to all this? Give us some news, don't tell us what Kejriwal said," Parekh said.

Kejriwal had last week claimed that "crony capitalism" pervaded the system and slammed both the BJP and the Congress for having favoured Mukesh Ambani's Reliance Industries. Alleging that Jaipal Reddy was unceremoniously ousted from petroleum ministry at Ambani's behest, he had said the country was being run by the industrialist.

In the past two months since he decided to go political, Kejriwal has made a string of corruption charges and targeted Robert Vadra, BJP chief Nitin Gadkari and external

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Reader's Comments (38)| Post a Comment

Let the Corrupt be Punished

Naren Joshi | 08-Nov-2012Reply | Forward

Mr Deepak Parekh is a respected name in the corporate world.His observations usually command attention.But he has not dealt with the subject of corruption in India fairly. It is nobody's case that corruption can be completely eradicated. But is it wrong to demand prompt and exemplary action against the corrupt officials, businessmen and politicians? That is all the Lok Pal movement is all about. Unbridled,unchecked and unpunished corrupt practices will grieviously harm our democratic system.By his own admission he knows many crony capitalists and also'many more corrupt politicians'. How does he want the system to deal with them. Just suffer them in silence or even go a step further and honour them? It is unfortunate that a man of his stature should choose just to slams the media or the whistleblowers instead of offering concrete alternatives to deal with this serious problem facing our republic.