Jaitley cautions CBI; comes to the support of bankers

Our Bureau | | Updated on: Jan 25, 2019

Union Minister Arun Jaitley | Photo Credit: Nagara Gopal

Union Minister Arun Jaitley on Friday came out in support of the banking fraternity on their complaint regarding their names being included in the CBI charge-sheet in the ICICI Bank-Videocon loan matter.

“...If we include the entire who’s who of the Banking Industry — with or without evidence — what cause are we serving or actually hurting,” Jaitley wrote in his blog titled ‘Investigative Adventurism vs. Professional Investigation,’ posted on the social media site.

“My advice to our investigators: Follow the advice of Arjun in the Mahabharat. Just concentrate on the bull’s eye.”

Jaitley further said: “Investigative adventurism involves casting the net too wide including people with no mens rea or even having a common intention to commit an offence, relying on presumptions and surmises with no legally admissible evidence.

“Adventurism leads to media leaks, ruins reputations and eventually invites strictures and not convictions. In the process, the targets are ruined because of harassment, loss of reputation and financial costs. It costs people their career.


Published on January 25, 2019
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