A sub-committee of the PAC has requested a probe into the decision-making that led to implementation of the 80:20 gold import rule.
India Bullion and Jewellers Association had accused the previous UPA government of “deliberately yielding to the cronies” by changing the gold policy days before demitting office
Karti said the ED cannot act against him until the Central Bureau of Investigation (CBI) completes its probe and asked the SC to restrain ED from issuing summons.
Karti may be brought face-to-face with former media barons Peter and Indrani Mukerjea, both accused in the Sheena Bora murder case and currently lodged in a Mumbai jail.
"If I was in Jaitley's position, what I would have done? I would have resigned," Chidambaram told an interactive session organised by the Bharat Chamber of Commerce here.
ormer Union minister P Chidambaram today advised the NDA government to appoint "good managers" to implement its various welfare programmes.
The central probe agency had earlier summoned Karti on February 2 after which he informed them that he would be unable to depose as he has an interlocutory application pending in the Supreme Court in this case.
Sources in the ED said the document was seized by the sleuths of the agency on January 13 from the Jor Bagh premises of the Chidambaram family.
In a series of tweets, Chidambaram said on the day when the prime minister made a pitch for investing in India at the World Economic Forum in Davos, the moral police in Uttar Pradesh registered six cases against young couples found in public places.
P Chidambaram accused the ED of misusing its power at the behest of the government. He said he would not succumb to pressure and continue to speak and write.
"The BJP men are best in diverting the attention of the people. The judges had raised a serious matter yesterday and today they (government) raided someone's residence," he said.
The investigating officer (IO) of the case will record his statement in the case, they said.
Chidambaram said the Bill had noble objectives to benefit the medium and small companies but relaxations given to such companies under this legislation will be applicable to large companies as well since there was only one Companies Act.
In a series of tweets, Chidambaram accused the poll panel of sleeping on the job and also asked people in Gujarat to exercise their franchise and "change" the BJP government in the state.
The action has also been conducted at the premises of one S Kailasam at Tenaympet in Chennai. Kailasam is the maternal uncle of Karti Chidambaram, the son of the former Finance Minister, the sources said.
"If it is Grand Stupid Thought to argue for a cap of the tax rate at 18%, then CEA Dr Arvind Subramanian and many other economists are stupid. Is that what PM is saying?" Chidambaram said in a series of tweets.
In a series of posts on Twitter, the former finance minister also asked if Modi had forgotten he was prime minister.
The former finance minister said the erstwhile Congress- led UPA-2 dispensation had acquired a reputation for "many many corrupt deeds" at the fag end of its tenure
Chidamraram, his wife Nalini, son Karti and daughter-in- law Srinidhi had filed four pleas for quashing of the notice from the IT department.
Justice T S Sivagnanam yesterday quashed March 31, 2016 demand notice and the consequential December 30 reassessment order issued by the assistant commissioner of Income Tax, Chennai, seeking payment of about Rs 6 lakh from Chidambaram and others.
Chidambaram said development had indeed "gone crazy" in Gujarat, and criticised the BJP government in the state for leading what he called a "skewed, unfair, unjust and inequitable growth".
The high-powered committee headed by Union Finance Minister Arun Jaitley is meeting in the Assam city to discuss GST rates.
In her autobiography, former Samta leader Jaya Jaitly also recalls that when George Fernandes insisted on resigning, then Union Ministers LK Advani and Jaswant Singh advised against it.
From the start, be its design, concept, and rate structure, the GST in the present form is wrong, Chidamabaram said, adding "this government has cheated the people by bringing the GST bills as a money bill" because they don't have majority in the Rajya Sabha
Chidambaram said soon the government will soon make a law wherein only documentaries praising the government will be allowed.