Narendra Modi-linked Gautam Adani's group figured in 'inquiries', says P Chidambaram

Apr 26 2014, 21:54 IST
Comments 0
However, FM Chidambaram refused to divulge details of the Adani group case. However, FM Chidambaram refused to divulge details of the Adani group case.
SummaryHowever, Chidambaram refused to divulge details of Adani case.

To a query related to Gautam Adani's Adani Group, considered close to Gujarat Chief Minister Narendra Modi, Finance Minister P Chidambaram said he is appraised about various issues by investigating agencies.

"I am briefed from time to time about the inquiries that are being conducted by various agencies -- that is a matter of routine briefing...The Adani Group has figured in such briefings but right now I cannot tell you the details of each case," Chidambaram said.

He also added that ministers "do not give directions" on individual cases.

Asked if the Central Board of Direct Taxes was suspicious about investments in the capital market made by certain foreign individual investors through Participatory Notes, Chidambaram said he was not aware of it.

"The P-note issue was addressed three-four years ago. Investment through P-notes is a regulated activity," he said.

TAGS:
Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...