INX Media Case: D Subbarao's Statement To Bring More Trouble For Chidambaram

 Former Finance Minister P Chidamabarm during his questioning by the Central Bureau of Investigation (CBI) blamed the IAS officers under him for the alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance given to INX Media to the tune of Rs 305 crore in 2007 when Chidambaram was the Union finance minister, sources in the investigative agency revealed on Saturday.

As per sources, Chidambaram said “FIPB division was under me, which had 7-8 IAS officers who all were very adept in their work. They used to look after the files I never had so much of time to go through all the files. I used to act on their recommendations.”