The wheels are beginning to come off the carefully constructed strategy of Mr. Palaniappan Chidambaram, who was trying to lay the blame on the officials of the Foreign Investment Promotion Board (FIPB), fell flat with the Central Bureau of Investigation (CBI) charge sheeting 18 individuals along with Mr. Chidambaram in this illegal approval.
Also named in the charge sheet are five government officials, one of which is Ashok Chawla, the current Chairman of the National Stock Exchange (NSE). Mr. Chawla is also on the board of Yes Bank and according to The Energy and Resources Institute (TERI), he is the current Chairman.
First off, it is mind-boggling that one individual can be on so many demanding jobs. Second, now that he has been named in the CBI charge sheet in the Aircel Maxis scam, it behooves him to step down for all posts until the investigation reaches its logical end.
I had written earlier on how a few select individuals were being placed in critical positions in the financial markets or regulating agencies. The C-Company minions were carefully placed by Mr. Chidambaram to ensure that they will “manage” his affairs. What is baffling is the current government’s going along with the same set of “questionable” individuals. Why should it be the media’s job to unearth venal babus? Doesn’t the government get the Intelligence dossiers on these candidates to the critical appointments? Who in the current dispensation is willing to go along with tainted elements? What happened to Na khaunga na khane doonga? (Will neither eat nor allow anyone to eat)
 CBI files charge sheet against P Chidambaram, Karti in Aircel-Maxis case – Jul 19, 2018, Economic Times
 Questions ED and CBI should be asking of C-Company minions – Jul 12, 2018, PGurus.com
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