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Finance Ministry gives clean chit to Tharoor, guns for Modi

     In a major development, a day after Shashi Tharoor was shown the door from the Union Cabinet,the Finance Ministry's report has given a clean chit to him in connection with the Kochi IPL deal. Tharoor resigned on Sunday night as the Minister of State for External Affairs. The Income Tax (I-T) department has said Tharoor did not benefit from the Kochi -IPL deal. The ministry said the I-T department is probing IPL Commissioner Lalit Modi's offshore money and trying to find out if stakeholders are fronts for Modi. Meanwhile, a section of the media, has said that IT officials are probing Modi's involvement in black money and betting. The alleged opaqueness with which Modi has conducted the multi-billion dollar cricket tournament, and the manner in which he took on Home Minister P Chidambaram in 2009, seems to have resulted in a detailed inquiry into his activities by the I-T department.

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