Financial Daily from THE HINDU group of publications
Thursday, Nov 17, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Industry & Economy - Economic Offences


`Info sought from cos named in Volcker report'

Our Bureau

New Delhi , Nov. 16

THE Finance Minister, Mr P. Chidambaram, has said that the Government has sought information from some companies mentioned in the Volcker Committee report on the involvement in Iraq's Oil-for-Food scam.

"We have asked a few companies to come and share some information with us," Mr Chidambaram said replying to a question at the Economic Editors' Conference, 2005. A total of around 130 Indian companies find a place in the Volcker report.

He, however, said that it would be premature to give out any specifics on the entities being looked into and the kind of information sought from them.

Mr Chidambaram also clarified that the Government had not, at any point, threatened legal action against the United Nations on the Volcker report revelations. He said that the Congress (which has been named in the report) had merely sent a "comprehensive legal notice demanding full disclosure of documents."

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Outlook for monsoon revival maintained


Western disturbances herald winter in North India
Inflation: Govt will take fiscal measures if required
Karnataka's debt service estimated at Rs 385 cr
WHO banks on pvt sector to wipe out 5 tropical diseases
Bengal to sell 90 pc stake in Great Eastern Hotel to Bharat Hotels
AP plea to Centre on Nagarjunasagar works
Executive award
Ratnagiri oil field production by 2006-end: Essar
Gas flow from Reliance to NTPC expected from June 2008
GVK Hydel to buy Tata Power stake in Alaknanda Hydro
Power workers to press for review of Electricity Act
Steel Ministry for cut in import duty on scrap
`India could get significant share of global textile market'
Bihar's continuing woes
Foreign news channels and facsimile newspapers — Downlinking norms to keep parity
Ministry bid to evolve capital restructuring plan for Prasar Bharati
`Innovation key to marketing'
Hospitality course
Ticel Bio Park to expand; looking for partner
The Hindu to hold music festival from Nov 19-25
Print, signage expo in Hyderabad
Venkateshwara Hatcheries in race for Haffkine Bio-Pharma
India appeals to WTO members to make HK meet a success
India is one of the best infrastructure investment destinations: Kamal Nath
Online registration of cos by next year: Gupta
Meet on export biz in Hyderabad
South-East Asia may look to India for sugar
Export growth resumes pace in October
Tariff values cut for vegoil imports
Oushadhi plans national meet in Thiruvananthapuram
Higher oil prices have had little impact on tourism: WTO
Volcker report: Reliance says it paid no surcharge for Iraqi crude
`Info sought from cos named in Volcker report'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line