In the eye of a storm over allegations of taking help from a tainted company for his election campaign, Yashwant Sinha on Wednesday asserted that he has not compromised the dignity of his office and ruled out any conflict of interest between his role as finance minister and CBI probe into the bribery case against Flex Industries. Three days after a newspaper carried a report suggesting a conflict of interest in the light of Flex Industries despatching printed campaign material for his 1999 Lok Sabha election, he admitted placing orders on Flex Industries, which is also in business of printing, and paid Rs 45,583 on five regular bills raised by the company.
“I would like to state categorically that neither my dignity as a Member of Parliament nor my effectiveness as minister of finance stands compromised as a result of this entirely routine, transparent and above board transaction, Sinha said in a statement in both houses of Parliament.
He dismissed allegations that he had a role in investigations by CBI in the case involving Flex chief Ashok Chaturvedi and Chief Excise Commissioner Someshwar Mishra or in the transfer of either revenue or CBI officials probing it.
Dissatisfied with his explanation, members of Congress, RJD and left parties walked out of the Lok Sabha while Samajwadi Party leader Mulayam Singh Yadav stood in support of Sinha saying all parties took donations for elections and had some kind of links with business houses.
Yadav also said there should be debate on the issue of who gets donations from whom.
Bureau Report