Govt issues sanction to prosecute ex- Niti Aayog CEO, others in INX case

The government has issued a sanction to the CBI to prosecute former NITI Aayog CEO Sindhushree Kullar and others in connection with the FIPB clearance granted to INX Media, officials said.

Besides Khullar, the government has also sanctioned the prosecution of former secretary of the Ministry of Micro, Small and Medium Enterprises Anup K Pujari, the then director in the Finance Ministry Prabodh Saxena, and former under secretary in the Department of Economic Affairs Rabindra Prasad in the case involving INX Media, they said.

The government had already sanctioned the prosecution of former finance minister P Chidambaram in February this year, the officials said.

Khullar served as additional secretary in the Department of Economic Affairs during 2004 and 2008. Pujari was the joint secretary during 2006 and 2010; Saxena served as the director of the department between 2008 and 2010, and Prasad also worked during the period under investigation, they said.

An FIR was filed by the Central Bureau of Investigation (CBI) on May 15, 2017, alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds in 2007 when Chidambaram was the finance minister in the UPA government.

INX Media was once owned by Peter and Indrani Mukherjea, prime suspects in this money laundering and corruption case.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel