“This case sends three signals. The investor is being told that if you invest in India, years later your projects and allocations can be reviewed by the investigating agencies and the head of your organisation will face criminal investigation.
“The politician is being told that the civil servant will be liable and the competent authority, who is the politician, will go scot free.”
Jaitley added that the treatment meted out to Parakh is a warning to bureaucrats that “even the most honest civil servants will be investigated.”
