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CBI won't question Bansal now, but sacking imminent
May 10, 2013

CNN IBN:  Rail minister PK Bansal is likely to be shunted from the cabinet today after an increasing number of reports about the business links of his families and aides. The CBI says it will not question Bansal since graft charges cannot be linked to him. They will dig more evidence before they question him.

Despite Union railway minister Pawan Kumar Bansal's claim that he had no financial links with the companies owned by his kin, documents show that he had taken a Rs 15-lakh loan in 2011 from Theon Pharmaceuticals -- a firm owned by his wife Madhu and sons Amit and Manish - for a modest interest rate of 3%. Bansal had paid the interest amount of Rs 46,357 incurred in financial year 2011-12, documents submitted by Theon to the registrar of companies revealed. Read the full story here.
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