Kumar Mangalam Birla not worried by CBI FIR against him

Even as he drew all round support from industry and some ministers, Kumar Mangalam Birla today broke his silence rubbishing CBI charges against him in a coal block allocation case saying he was not worried as no wrong has been committed.
Birla, Chairman of the Aditya Birla group flagship firm Hindalco, met Finance Minister P Chidambaram and Revenue Secretary Sumit Bose and later told reporters that he had discussed the FIR issue with the minister.
"As of now I am not worried about it. There is nothing wrong (that) has been done. So why should one worry?"
He was asked whether the CBI FIR naming him and Hindalco in the coalgate scam would cast a shadow on the Aditya Birla Group's application for a bank licence.

Meanwhile, industry body CII today joined others in slamming the FIR against Birla but issued a nuanced statement saying while CBI had the right to proceed against anyone it should be careful before taking action against reputed industrialists to avoid creating a sense of fear.
Without referring to the Birla case, CII chief Kris Gopalakrishnan said, "It is desirable to ensure that all facts of the case are laid upfront before proceeding against respected and reputed individuals."
He said that reputations of institutions and individuals take years to build and therefore, extreme caution needs to be exercised before any action is taken, which jeopardises reputation that institutions and individuals build for themselves.