Former Union finance minister P Chidambaram and his son, Karti, are under the glare of investigative agencies for the approval of foreign investment in Peter and Indrani Mukherjea’s INX Media and in telecom company Aircel. The two cases were cleared when Chidambaram was in charge of the ministry in the UPA government.
Both approvals were routed through the Foreign Investment Promotion Board (FIPB), housed in the department of economic affairs (DEA), under the finance ministry. It had four permanent members who were secretary-level officials, in addition to secretaries from the nodal ministry and other departments.
Beside the secretary in the DEA who