P Chidambaram is being criticized extremely by the BJP for having been responsible for the 2G scam. Although there is no direct involvement of the then finance minister in the scam, the BJP claims that he had it within his power to stop the sale of the spectrum at low rates. Based solely on this allegation the BJP has gone a step further with their boldness and has demanded the arrest of the Chidambaram.
Yet the truth still stands to tell a different tale. Only yesterday during a hearing in the Supreme Court of India, the Central Bureau of Investigations (CBI) defended the accused based on proofs and logic. The CBI clearly denounced the possibility of the claim that Chidambaram had not done enough to stop the sale of the licenses in 2008. They even highlighted how such a move could have been accomplished only with the joint effort of the entire government, and could not have been taken forward solely by the then Finance Minister, Mr. Chidambaram.
The CBI did not leave it at this blanket yet true statement. They provided certain facts to the Supreme Court to support their claim in his defense. Firstly, senior counsel K.K. Venugopal appearing for the CBI, made the following statement in front of Justices G.S. Singhvi and A.K. Ganguly, “It is easy to attack the then Finance Minister as it will get them headlines and [it is] politically fruitful for them. Attacking the then Finance Secretary [D. Subbarao] will not get them headlines.”
Secondly, they mentioned that the consistent stand of the Finance Ministry and Mr. Chidambaram on entry fee, licenses and spectrum was that they should be auctioned. But the sale was channeled outside the regular route by A Raja. The then telecom minister, who postponed a Full Telecom Commission meeting, scheduled for January 9, 2008, where the issue of auction was to have been discussed, to January 15, 2008. In the meantime he also issued Letters of Intent to telecom companies on January 10, 2008. The then Finance Minister could not have cancelled the licenses by himself as it had to be a major policy decision by the government.
Thus based on these facts it is more than obvious that P Chidambaram had no direct hand or gain from the under priced sale of the 2G spectrum. It also clearly shows that the accusation of not having done enough is a mere theoretical one, because in practicality there was nothing that could have been done by him single handedly. The CBI’s Mr. Venugopal clearly stated the preceding in the following words, “It is not an easy matter to take a decision when litigation was also involved [as a result of cancellation] and you cannot attach criminality against the [then] Finance Minister.”
I urge the masses of the nation to see objectively where the errors was, and where all it can be suggested to have been, yet never proven.