Tuesday, June 28, 2011

No rift between Pranab Mukherjee and P Chidambram a lie !


Very recently, home minister P Chidambram in an interview had said that he had no issues with the finance minister Pranab Mukherjee - the seniormost minister after the prime minister. Pranab Mukherjee was the seniormost minister after the prime minister too in 1972, when Indira Gandhi was the prime minister, and current prime minister Manmohan Singh was the governor for Reserve Bank of India, and used to report to Pranab.

The claim that P Chidambram is stating is a FALSE,a LIE. My father's been in the ministry of finance for the last twenty four years, this has been a known fact that P Chidambram hates everything started by Pranab Mukherjee.Infact, P Chidambram closed down a government owned FII called Industrial Investment Bank of India (aka IIBI Ltd, popular with the employees for great work environment and employee/job satisfaction) only for the sake that Pranab was the brain behind this bank's creation. Instead, P Chidambram opened a special purpose organisation called India Infrastructure Finance Corporation Limited (IIFCL - the very one which brought tax-free infrastructure bonds recently) wh ich does the same functions, and has the SAME OFFICE premises from which IIBI operated from(10th floor, 25 KG Marg). Infact, majority of the staff was taken from IIBI only. Infact, some of the IIBI officers, which had been under fire for allegedly asking for bribes, were taken in IIFCL.

P Chidambram is a shrewed politician. Doesn't matter how good does he work, but his political vision sucks pretty much.

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