This Article is From Oct 18, 2013

Coal case against Kumar Mangalam Birla: India not under Aurangzeb's rule, says Veerappa Moily

Coal case against Kumar Mangalam Birla: India not under Aurangzeb's rule, says Veerappa Moily
New Delhi: Billionaire Kumar Mangalam Birla, who met Finance Minister P Chidambaram on Friday evening, said they had discussed the first information report or FIR filed against him by the CBI in the coal scam "among other issues." Mr Birla, the soft-spoken and media-shy chairman of the $40 billion Aditya Birla Group, avoided reporters as he arrived at the Finance Ministry in Delhi's North Block, but spoke to them after the meeting, saying, "I have done nothing wrong. I am not worried about the FIR."

  • Ultimately India cannot become just like Russia, where investors are not prepared to go and billionaires are put behind the bars. That should not happen here. After all, we are not in the regime of Aurangzeb. We are in the regime of rule of law. When rule of law is concerned it applies to government, it applies to Supreme Court, it applies to everybody.
    M Veerappa Moily, Oil Minister 18/10/2013
  • It is desirable to ensure that all facts of the case are laid upfront before proceeding against respected and reputed individuals.
    Kris Gopalakrishnan, CII chief 18/10/2013
  • This sends a very bad signal to investment. If honest civil servants are going to be squeezed to save the politicians, bureaucrats will stop making honest recommendations.
    Arun Jaitley, BJP leader 18/10/2013


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