Senior Congress politician #PChidambaram will turn 73 on September 16 this year? Will he celebrate his birthday at home as a free man, or in jail as a convict? This is a question millions will be asking today. At the time of writing this post, after failing to secure Bail in the INX Media case, the man is Absconding from the CBI and the ED. Is it possible for someone to hide that easily from ED and CBI?
Yes, former Finance Minister of India (FM) three times (June 1996 to March 1998; May 2004 to Nov 2008; July 2012 to May 2014) as well as former Home Minister of India (HM) once (Nov 2008 to July 2012) #ChidambaramFacesJail
Chidambaram was a Lok Sabha MP continuously from 1984 to 1999, and then from 2004 to 2014. He is currently a Rajya Sabha MP since July 2016. He first became a Union Minister in the Rajiv Gandhi Government almost 34 years ago – in Dec 1985, though handling a much smaller ministry.
After getting B.Sc. degree in statistics from Chennai’s Presidency College, P Chidambaram completed LL.B. from Madras Law College (now Dr. Ambedkar Government Law College) and MBA from the world-renowned Harvard Business School. He also holds a master’s degree from Loyola College in Chennai. He is considered to be one of the senior-most lawyers in India.
From back in the late-1980s, one used to hear that “PC” was one of the most corrupt politicians in India. Some said he was corrupt even as a lawyer. Others said that he was the father of black money in India.
It is definitely correct that banks – especially Public Sector Banks – piled up huge non-performing assets during the period that he was FM (May 2004 to Nov 2008; and July 2012 to May 2014).
Prime Minister Narendra Modi had promised in his campaign for the 2014 elections that he will go after the corrupt, no matter how powerful they are. Why is the current action against PC taken 90 days after the first term of Modi Sarkar? Was someone in Modi 1.0 protecting him? Anyways, BETTER LATE THAN NEVER. But I would still like my questions to be answered.