It was a United Nations Committee and Washington had nothing to do with it.
'Govt for establishing facts with regard to Volcker report'
Indian envoy arrives in New York to probe findings of Volcker panel
Former union minister Natwar SinghNatwar Singh on Saturday hit back at the Congress saying the party has conveniently forgotten that it too was named in the Volcker report as a "non-contractual beneficiary".
They have asked for information to be provided before November 23.
Volcker panel, which investigated the oil-for-food scam, mentioned in a report that Natwar Singh was a beneficiary of Iraq's oil-for-food programme.
Asserting that the party was in no way connected with the issue, the Congress recalled that it was not in power at the Centre between 1996 and 2003 when the deal was executed.
"The report has as much validity as the report by the CIA director about the alleged existence of Weapons of Mass Destruction in Iraq," he said referring to the report by Paul Volcker, former chairman of the US Federal Reserve.
The Speaker ruled that these did not relate to the Union government, nor were they matters of recent occurence.
The ministry of company affairs on Thursday said it will look into the Volcker committee report to see whether there has been any violation by the Indian corporates named in it.
'It is in the interests of everybody, including those named in the report, to have the truth established,' says UN Under Secretary General Shashi Tharoor.
The report has named Natwar Singh as a beneficiary.
The title Inquiry Authority as against Commission had been used since that was the expression used in Section 11 of the Act to Parliament.
He said if somebody levels allegations, they should be ashamed of themselves.
In a new twist to the phone tapping controversy, Bharatiya Janata Party Monday alleged that the telephones of many of its senior leaders, including Leader of Opposition Lal Kishenchand Advani were tapped during the Volcker controversy.
PM meets senior leaders over Natwar issue
The Delhi high court Tuesday upheld an order of the Enforcement Directorate impounding the passports of former external affairs minister Natwar Singh's son Jagat Singh, his business associate Andaleeb Sehgal and three others.
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He said the US signed the nuclear agreement with India on July 18, 2005 after which it made certain fundamental changes, which were not in the larger interest of the country.
Dr Singh's position in UPA pitiable: Advani
During his tenure, Dayal will also act as the special envoy of the government of India and hence liaise with the united Nations to go into the depth of the allegations made by Volcker.
The CPM demanded a probe into findings of the UN-ordered Volcker Committee that named External Affairs Minister Natwar Singh and the Congress party among beneficiaries of Iraq's oil for food programme
Volcker: 'File CBI case against Natwar, Congress'
I did not authorise Jagat to represent Youth Congress in Iraq: Surjewala
Jagat hands over Congress letter on Iraq visit to ED
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