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    Thursday, 19 July 2018

    India charges former finance minister Chidambaram with corruption

    Indian police on Thursday charged a top opposition leader P. Chidambaram with abuse of power in a multi-billion dollar scandal when he was finance minister.
    Chidambaram confirmed the charge and said he would “vigorously” contest the case filed by the Central Bureau of Investigation (CBI) anti-corruption watchdog.
    The CBI accused the former minister of abusing power in allowing foreign investment by Malaysian group Maxis in telecom company Aircel in 2006.Chidambaram, a senior leader of the opposition Congress party, said in a tweet,
    The CBI has alleged that Chidambaram approved the half billion dollar Aircel-Maxis deal when it should have been referred to a cabinet committee.
    The charge came one day before an opposition no-confidence vote in parliament against the government of Prime Minister Narendra Modi.
    Chidambaram served twice as finance minister and also as home minister in the Congress-led coalition which was defeated by Modi’s nationalist party in 2014.
    Congress officials have been hit by a string of corruption scandals dating from their time in government.
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    Item Reviewed: India charges former finance minister Chidambaram with corruption Rating: 5 Reviewed By: Asqamar