Thursday, May 18, 2017

Political manoeuvering behind India’s anti-corruption crackdown

via Asia Times of Hong Kong

Although people in India are cautiously welcoming the ongoing anti-corruption raids on opposition party leaders and their families, viewing them as proof of the federal government’s resolve to fight corruption, others see what has been happening as amounting to a political vendetta by the ruling Bharatiya Janata Party (BJP).

The selective targeting and timing of the raids ahead of opposition plans to forge a grand alliance to fight the 2019 national elections raise suspicion about the government’s true intentions. Some allege they are being conducted simply to divide the opposition parties.

The troubles started last week with a Delhi High Court ruling clearing the way for income tax proceedings against top Congress party leaders Sonia Gandhi and Rahul Gandhi in the National Herald case.
The Congress party suffered another blow on Tuesday when Central Bureau of Investigation (CBI) officials raided the home of former finance minister P Chidambaram’s son, Karti Chidambaram, in Chennai, over suspected foreign exchange violations.

Chidambaram already faces an investigation over his role in the Aircel-Maxis case. It is alleged he gave illegal clearance to the Malaysian firm Axis to buy Aircel, a mobile network operator based in Gurgaon, in Haryana state, through foreign direct investment in 2006.

Tuesday’s multiple raids were conducted to ascertain whether Chidambaram misused his position as finance minister in 2007 to facilitate kickbacks for his son by clearing foreign investment payments worth Rs3,050 million (US$47 million) to a media firm, INX.

Read full article at Asia Times >>>


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