Press Esc to close
Tuesday 31 May 2016
News updated at 11:15 PM IST
Weather
Max: 31.2°C
Min : 21.7°C
In Bengaluru
Sunny day

Sebi to get call data records in specific cases: Chidambaram

New Delhi, Nov 19 , 2012 (PTI)

The government is making an arrangement for market regulator Sebi getting access to call data records of people being probed by it in specific cases, but it will not get power to directly tap the phone calls, Finance Minister P Chidambaram has said.

"... Some arrangement is being made that the call data records will be supplied through the agencies entitled to get them to Sebi," Chidambaram told PTI in an interview here.

"They (Sebi) won't have the power to directly tap into the phone calls. Records can be made available to them by the authorities concerned. Some progress is being made," he said.
He was replying to queries about Sebi (Securities and Exchange Board of India) seeking access to call data records of people being investigated by it in cases related to the stock markets.

Asked about intelligence reports of some terror groups pumping in money in the stock market, Chidambaram said he was sure that Sebi would look into the matter if tainted money was flowing into the stock market.

Observing that the matter falls into the jurisdiction of the Home Ministry, Chidambaram said: "I can't conduct an enquiry into terror groups putting money into the stock market. If tainted money is flowing into the stock market, I'm sure Sebi will look into it. Intelligence reports are shared with Sebi also. I've no machinery to look into it, except Sebi."

On Sebi's demand for access to call data records, Chidambaram said: "I think some progress was made to make available to Sebi the call data records in specific cases, where an investigation is being done and they want call data records (for their investigation), I think some progress is being made, some arrangement is being made..."


Go to Top

Photo Gallery
Restoration work in progress after an empty coach derailed off a slow track between Lower Parel...

Restoration work in progress after an empty coach derailed off a slow track between Lower Parel...

People dressed up as famous personalities taking part in the 'Carnival rally' to mark World No...

People dressed up as famous personalities taking part in the 'Carnival rally' to mark World No...

Police personal pay a final tribute to mortal remains of De Javaregowda, at Kuvempu Vidyavardhaka..

Police personal pay a final tribute to mortal remains of De Javaregowda, at Kuvempu Vidyavardhaka..

Couples embrace along the shores of the Arabian Sea in Mumbai, India ...

Couples embrace along the shores of the Arabian Sea in Mumbai, India ...

Children wear masks during an awareness campaign on 'World No Tobacco' day in Kolkata...

Children wear masks during an awareness campaign on 'World No Tobacco' day in Kolkata...

A view of Jawaharlal Nehru Planetarium in Bengaluru on Tuesday...

A view of Jawaharlal Nehru Planetarium in Bengaluru on Tuesday...

Bollywood actress Huma Qureshi performs at the CEAT Cricket Rating awards night in Mumbai...

Bollywood actress Huma Qureshi performs at the CEAT Cricket Rating awards night in Mumbai...

Bollywood actress Jacqueline Fernandez with Malaika Arora Khan on the sets of a TV show...

Bollywood actress Jacqueline Fernandez with Malaika Arora Khan on the sets of a TV show...

HP Chief Minister Virbhadra Singh addresses a Youth Congress rally in Mandi ...

HP Chief Minister Virbhadra Singh addresses a Youth Congress rally in Mandi ...

Stranded passengers facing a harrowing time due to 'rail roko' protest by the activists of Hills ...

Stranded passengers facing a harrowing time due to 'rail roko' protest by the activists of Hills ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523