The normally eloquent Finance Minister (FM) Arun Jaitley seems to have lost his voice over the expose of his daughter Sonali Jaitley’s law firm’s link with the Punjab National Bank (PNB) scam-tainted Gitanjali Gems Limited. First, a pre-emptive article appeared in OpIndia[1] that The Wire is going to do hit-job journalism on Jaitley’s daughter. After this, The Wire[2] comes out with the story that the law firm Chambers of Jaitley and Bakshi, now run by daughter Sonali and husband Jayesh Bakshi accepting that they engaged legal services contracts with fugitive Mehul Choksi’ firm and returned their contracts.
It is a known secret in the legal world that a Retainership Fee is a euphemism for huge sums given by Corporates to powerful politicians-cum-lawyers or their kin.
Then came the accusation by Congress President Rahul Gandhi. In a scathing attack, Rahul said that CBI should raid Jaitley’s daughter’s law firm:
It’s now revealed that our FM’s silence on the PNB SCAM was to protect his lawyer daughter, who was paid a large retainer by the accused just a month before the SCAM became public. When other law firms of the accused have been raided by the CBI, why not hers? #ModiRobsIndia https://t.co/As9y9Dv0RZ
— Rahul Gandhi (@RahulGandhi) March 12, 2018
Still, Arun Jaitley has gone into mute mode. The FM has no qualms wading into matters of Defence (the FIR that his alleged protégé approved against an Army Officer) during his video conversation with Navika Kumar for ETNow on the 2018 Budget[3]. Then why the silence on a matter that is so close to home? What is he trying to hide? According to the daughter’s law firms’ reply to The Wire, they were engaged by the tainted Gitanjali Group in December 2017 and returned the contract as soon as the news item appeared about the bank scam. Arun Jaitley’s daughter, her husband, and son are not legal eagles by any stretch of the imagination and are not that visible in any courts. Then why did the fugitive Mehul Choksi approach them? At the risk of stating the obvious, the only answer one can arrive at is that their father is the country’s Finance Minister.
Though uncle Mehul Choksi’s dealings were doubtful from 2014, his activities came into the public domain only after his nephew Nirav Modi got exposed. All escaped during the first week of January 2018. Punjab National Bank filed a complaint to CBI on January 29, 2018, and a First Information Report (FIR) was registered the next day. As per the FIR, the bank frauds started from January 2017.
How much was the legal fee or retainership fee paid by the Gitanjali Group to engage daughter Sonali Jaitley’s firm? Arun Jaitley must explain as to why a tainted firm approached his daughter’s legal firm. Is this a one-off legal contract with them or were they engaging Sonali’s firm before too? The Bharatiya Janata Party (BJP) leaders made a hue and cry[4] over Congress leader Abhishek Singhvi’s wife’s firm being a shop owner of Nirav Modi’s showroom in Mumbai and wife’s purchasing discount on diamonds.
What is interesting about this is that the allegations were leveled by the Defence Minister Ms. Sitharaman, who will hit an InstantMute button if asked about the FIR she approved, in her own ministry! Mr. Modi, what is wrong with your cabinet members? If they can’t speak for their own department, what gravitas do you think they will have with the readers/ viewers when they wade into other ministry matters? Surely, if Jaitley had spoken about the PNBScam sooner to the media, the fallout could have been contained. Was the contract of his daughter’s legal firm the reason for his silence?
It is a known secret in the legal world that a Retainership Fee is a euphemism for huge sums given by Corporates to powerful politicians-cum-lawyers or their kin. Why are Corporates paying such a huge fee, which looks like a hafta payment to VIPs or their kids? Is this a glorified kickback to look the other way?
Finance Minister Aun Jaitley must clear the air. He can’t act like an Ostrich on this exposé of tainted companies engaging in legal contracts with his daughter’s firm.
References:
[1] After Amit Shah and Ajit Doval, is ‘The Wire’ planning to target Arun Jaitley and his daughter with a shabby hit job? Mar 9, 2018, OpIndia.com
[2] When a Pre-Emptive Strike becomes a Self-Goal – Mar 11, 2018, TheWire.com
[3] Watch: Arun Jaitley frankly share his thoughts on Budget 2018 – Feb 3, 2018, EconomicTimes.indiatimes.com
[4] PNB fraud: BJP alleges Abhishek Singhvi’s wife has shares in Nirav Modi’s firm, Cong warns of legal action – Feb 17, 2018, Indian Express
His first book NDTV Frauds has been published and is an Amazon Bestseller.It ranked second among all eBooks that were self-published in 2017.
His second book, The Gist of GSTN which too is available on Amazon as an e-Book and as a paperback.
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Everything here with AJ is so similar to chidambaram. They have beded with every crook across party lines. I guess the best way to define Arun jaitley would be “chidambaram in pyjamas”. Same means of extortion , protection. Every issue we have today has the finger straight at finance ministry. It is silly of pm Modi to squander the great mandate he got with corrupt and dubious characters in his fold
Define kick back?what are different types of kickbacks?what is the difference between quid pro quo and kickback?This is the time Nation to know these issues.legal payments are different from bonus payment
Jaitely is fully & wholly corrupt person. He has to be exposed.
Both DrSingh and Mr Modi are personally known to be non corrupt.But one thing is common amongst them ie both of them for reasons best known to them chose Shady Slippery Men of no substancs as their Finance Ministers.
Mr Modi is carrying a Cross and its name is Mr Jaitley.
its all about, you pat my back and I will pat yours, Rajya sabha, LS hv become adda for networktiers and dalals, in name of freedom from British, we have been ruled by me first people. Modiji needed AJs help to wrangle out of his godhra mess, as quid pro quo Aj got his job, its always whats in for me. For we common people, struggle is unending.
Modi hasn’t made a mistake by appointing AJ as FM after 2019 election Jaitley want be anywhere near Modiji.
I don’t know until it comes out in open, how and why anybody would suspect an organization? Why would any law firm refuse a business? And as soon as it was revealed that Mr. Choksi’s business be tainted Mr. Jaitley’s daughter returned the retainer. What is there to explain? Is the author expecting that Mr. Jailey’s daughter should have known that Mr. Choksi’s firm is tainted? The entire article reveals a strong disliking for Mr. Jaitley.
It is very elimentary . Choksi the thug new Jailey was FM so obviously he engaged his daugthers legal firm . But for what ? When there were no legal cases against Choksi before Jan 2017 .
Arun Jaitley is a SIN of Modi Govt. Narendra Modi made a big mistake on making this man as Finance and Defence Minister even after loosing Lok Sabha elections, while even minions won on Modi wave. This man Arun Jaitley collapsed the mandate of the 2014
Mr. Sree Iyer, Can you please clarify on the “1st sentence” of “paragraph 6” – which states ~ ‘what is interesting about this ïs that the allegations were leveled by Defence Mïnister Ms. Sitaraman……’
Which allegations you refer to?
The previous para…
Nirmala agreeing to register FIR agaisnt Army, as claimed by J&K CM in the floor of the Assembly. Nirmala not yet uttered a word on this
It was about time that expose today is made.
Brilliant exposé.