"His statement of clarification does not wash. He did say what was published in all the newspapers....It is a realisation that has come late after the damage has been done", senior Congress leader Anand Sharma told reporters.

Jaitley, however, has said that he 'never used' such a word and that his words were 'misinterpreted'.

"I have never used such a word. That is never part of my domain," Jaitley told reporters when asked about opposition's allegations that his remarks that the loan given to Dushyant Singh by Modi, the former IPL chief, was a commercial transaction, amounted to giving 'clean chit' to the BJP MP.

"That is clear misinterpretation of (what I said). Whatever various assessing authorities in India have to do, its their job. They would continue to do that," Jaitley asserted on the sidelines of a public event at the Stanford University.

Sharma insisted that the Finance Minister should have been more careful, restrained and balanced in his remarks as cases have been registered in the matter by the Enforcement Directorate, which is under his Ministry and his comment would adversely affect the probe.

Latest News from India News Desk