Only JPC can do a holistic probe into IPL controversy: CPI-M

New Delhi: The CPI-M on Tuesday said a 'holistic' probe into the entire IPL controversy can only be carried out by a Joint Parliamentary Committee as enquiries by different agencies will serve a "partial purpose".

Talking to reporters here, party Politburo member Sitaram Yechury said, "The entire issue of IPL must be holistically enquired into as independent lines of probe by Enforcement Directorate, Income Tax or the CBDT will only serve partial purpose."

The gravity and enormity of the scam could be pin- pointed and the guilty identified "only if such a holistic probe is done by the JPC", he said.

To questions on the efficacy of a JPC probe, Yechury said these independent agencies could be asked by the JPC to enquire into various aspects of the matter.

In this context, he said the JPC on multi-crore stock scam, in which the alleged kingpin was Harshad Mehta, had the involvement of a large number of public sector banks.

After the recommendations of the JPC in this case, came the demat scam involving Ketan Parekh. "But no public sector bank was involved. So, rubbishing of JPC probe is wrong and we will continue to press our demand."

On the telephone tapping issue, he said Intelligence agencies should be put under a system of Parliamentary oversight.

"We are open for a discussion on what mechanism can be evolved for this purpose. But parliamentary oversight is necessary," Yechury said.