New Delhi May 16 (IANS) Finance Minister Arun Jaitley on Tuesday said departments like the CBI and income tax would not act unless there is a substantial basis or reason to suspect something.
Unless there is a substantial basis or a reason to suspect these departments don t act. Ultimately the actions have to bear some results he said responding to questions by the media.
People in high positions acquiring assets through shell companies is not a small matter. I think this is the day of reckoning that has come for many. They will all be alert Jaitley added.
He was asked about the opposition charge that the raids on the houses of former Finance Minister P. Chidambaram and his son Karti and RJD chief Lalu Prasad Yadav on Tuesday were done because of political vendetta.
However he refused to comment on specific cases saying: We do not comment on individual cases.
--IANS
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CBI, I-T would not act unless there is substantial reason: Jaitley
