1. CBI raids Chidambaram, Karti residences Live Updates: Karti Chidambaram rubbishes charges against him, says ‘I will stand vindicated’

CBI raids Chidambaram, Karti residences Live Updates: Karti Chidambaram rubbishes charges against him, says ‘I will stand vindicated’

Nothing of substance, all charges are completely bogus and I will stand vindicated one day: Karti Chidambaram said outside his office in Chennai.

By: | Updated: May 16, 2017 11:26 PM
LIVE, P Chidambaram, CBI raid, P Chidambaram house raided, cbi raided P Chidambaram residence, CBI raid P Chidambaram, P Chidambaram cbi raid Nothing of substance, all charges are completely bogus and I will stand vindicated one day: Karti Chidambaram said outside his office in Chennai.

CBI raids Chidambaram, Karti residences at more than ten places in Tamil Nadu, besides carrying out over a dozen raids in Delhi, Mumbai and Haryana’s Gurugram. The agency’s move comes a day after it filed an FIR against Karti Chidambaram and Indrani Mukherjea in the case. The Enforcement Directorate (ED) has been probing the involvement of Karti Chidambaram’s company for alleged foreign exchange violations. Reacting to the raids, Chidambaram said he and his son Karti were being targeted to muzzle his voice.

Here are the updates as the events unfold-

11: 20 pm: Earlier in the day reacting to the raids on Chidambaram and his son, the Congress said: “The truth is that revenge has become a DNA of the BJP. Neither Chidambaram nor any Congress leader or any other leader of opposition will be deterred, would be cowed down or would fear the politics of revenge and vendetta.”

10.15 pm: Piyush Goyal takes a jibe at P Chidambaram: Former finance minister’s columns “did not exactly set the Yamuna on fire”, Goyal told reporters and took a dig at Chidambaram, saying that he will be accountable for his “son stroke.”

9.12 pm: “We want to reiterate that neither P Chidambaram, nor any Congress leader or any other leader of opposition, would be deterred or cowed down from fear of the politics of revenge and vendetta,” says Randeep Surjewala.

8.56 pm: Nothing of substance, all charges are completely bogus and I will stand vindicated one day: Karti Chidambaram said outside his office in Chennai.

8.49 pm: “… What is on since morning, that was also discussed,” Mamata said about the raids after meeting Sonia Gandhi here.

8.35 pm: Earlier in the day, TMC chief Mamata Banerjee said: “… some political vendetta is going on…. Whatever is happening today… sometimes with (Samajwadi Party leader) Akhilesh (Yadav), sometimes with (Odisha Chief Minister) Naveen Patnaik, sometimes with Laluji, Chidamabaram, (Delhi Chief Minister Arvind) Kejriwal.”

8.15 pm:  Mamata Banerjee, whose party leaders are facing probe in the alleged Sarada chit fund scam and the alleged Narada bribery scam, targeted the Modi government in a veiled manner, saying, “If you do not like someone, then you send CBI, then put him in jail.”

7.47 pm: “These are investigations based on some prima facie information with which ED or CBI or concerned departments move forward,” says BJP’s Nirmala Sitharaman, adding that if the departments are taking actions based on an information, “I will see it only as that and nothing more”.

7.25 pm: Meanwhile, Mamata Banerjee has held a meeting with Congress President Sonia Gandhi about an alleged ‘political vendetta’ going on in the country against opposition parties.

Watch | News round-up of the day: P Chidambaram raided by CBI, Lalu Yadav on IT department’s radar and new heights touched by Sensex

7.02 pm: Searches underway, there are mails, hard disks that need to be examined;searched premises of Karti Chidambaram: Vineet Vinayak, CBI

6.45 pm: Have set process of investigation in motion; all people whose involvement comes forth, will be investigated: CBI Joint Director V Vinayak

06: 35 PM: CBI issues press briefing on raids at Karti Chidambaram’s residence in Chennai. CBI alleges ‘criminal misconduct’ by Karti Chidambaram. Raids have been conducted at 14 different locations, CBI informs.

06: 23 PM: FM Jaitley also spoke about the CBI raids conducted earlier today and said that people in high positions acquiring assets through shell companies was not a small matter. He said that these departments did not act unless there were a substantial basis and reason to suspect tax evasion or any crime committed. He said, ” the day of reckoning has come for many”.

P Chidambaram outside Karnataka High Court. (ANI)

04:41 PM: P Chidambaram has maintained silence on the matter. Speaking to the media he said, “I have said what I had to say.”

4:10 PM: Earlier today, CBI conducted searches at 17 locations across the country, including New Delhi, Gurgaon, Chennai and Chidambaram’s hometown of Karaikudi, as part of a probe into the alleged criminal misconduct in approval of foreign investments in India.

3:50 PM: The agency has registered the case against INX Media through its director Peter, Indrani, Karti Chidambaram, Chess Management Services (a company of Karti), Advantage Strategic Consulting Limited through its director Padma Vishwanathan.

3:30 PM: A team of CBI sleuths conducted searches at Peter’s bungalow in the posh Worli area in south Mumbai, agency sources said.

3:10 PM: “The former Union finance minister’s columns did not exactly set the Yamuna on fire,” Goyal told media, reported PTI

3:05 PM: “The issue is why beneficiaries of FIPB approval gave money to firms owned by P Chidambaram’s son,” Union Minister Piyush Goyal was quoted saying by news agency PTI on CBI raids.

2:45 PM: Here’s waht Subramanian Swamy had to say:


02: 39 PM: India Today reports that the Central Bureau of Investigation had registered a case against Karti on Monday for granting the FIPB clearance to INX media. Karti had already received kickbacks for his help in getting the government’s approval for INX.

02: 30 PM: INX media has a controversial history, reported Firstpost. According to the report, P Chidambaram had once referred INX’ financial transactions for investigations by an SFIO (Serious Frauds Investigation Officer).

02: 10 PM: Congress is shocked due to Narendra Modi’s popularity and BJP’s development policies. We did not ask the fodder scam case to reopened. The Supreme Court did that. Clearly, investigation must have been going on: Piyush Goyal, BJP


02: 09 PM: The govt doesn’t involve itself in investigations. As a layman, I think investigation must have been going on and there must have been reasons for investigative agencies to take the actions that they have taken: Piyush Goyal, BJP

02: 04 PM: Have done nothing wrong. They could not prove allegations against me, they want to silence our voice. raid is being carried out only because of political vendetta: Karti Chidambaram on CBI raids

01: 55 PM: Karti Chidambaram has been taken to his office by CBI. Denying all allegations against him, Karti Chidambaram says that the raid was a part of a political witch hunt. He said that there was no evidence against him and informed that he was ready for a probe.

01: 45 PM: They want to silence P Chidambaram, this is being done due to political pressure. Senior leader Randeep Surjewala says that the BJP government was blinded by revenge. “Revenge and registration of false cases have become the DNA of the government,” says Randeep Surjewala

01: 41 PM: I am being targetted by govt. political witch hunt behind raids. all allegations are untrue: Karti Chidambaram. In a press briefing, Karti Chidambaram denies any evidence against him.

01:30 PM: BJP’s Shaina NC said that the investigation was “not a witch hunt” against Chidambaram and that the CBI investigations were free of government pressures.

01: 24 PM:  “Karti has got 21 illegal bank accounts abroad and he has built many houses in several countries. He has got them financial activities undeclared in 18 countries. So therefore, money laundering has to be there”: Subramanian Swami on the CBI raids

01: 07 PM: Congress slams central government. Senior leader Randeep Surjewala says that the BJP government was blinded by revenge. “Revenge and registration of false cases have become the DNA of the government,” says Randeep Surjewala


01: 04 PM: According to the FIR filed against Karti Chidambaram, Rs 4.6 crore of FDI was aprroved but it was found that Rs 305 crores were raised by the company. It was also found that Rs 10 lakhs were paid to Karti Chidambaram’s company for FIP clearance. Rs 3.5 crore was also paid to companies linked to Karti Chidambaram, CNN News18 reports.

12: 44 PM: Peter Mukherjea’s house raided in Worli, Mumbai. Peter Mukherjea and Indrani Mukherjea are the owners of the INX media involved in the alleged case of bribery with Karti Chidambaram. Currently, both of them are in jail and have been accused of murder in the Sheena Bora case.

12: 33 PM: Karti Chidambaram says he will give detailed statements after the raids

12: 27 PM: All charges against me are baseless. I’m being targeted politically and personally. My father, P Chidambaram has already made a statement on the issue: Karti Chidambaram

12: 22 PM: Randeep Surjewala terms the raids as a government conspiracy. Says opposition will not be silenced. Congress party will not bow down. Neither  P Chidambaram nor the INC will be suppressed by such conspiracies by the autocratic government: Randeep Surjewala to CNN News18

12: 16 PM: Only corruption and black money are being targeted: Union Minister Ananth Kumar on P Chidambaram saying Govt trying to silence him

12: 15 PM:  My father, P Chidambaram has already made a statement on the issue: Karti Chidambaram

12: 07 PM: “FIPB approval is granted in hundreds of cases. The five Secretaries who constitute the FIPB, the officials of the FIPB Secretariat and the competent authority in each case are the public officials. There is no allegation against any of them. There is no allegation against me,” Subramanian Swami told ANI

12: 06 PM: The agency is doing its work, allow them to do it. Target is against black money and corruption: Ananth Kumar, BJP

12: 02 PM: “It was expected because, as finance minister, he has given so many clearances in FIPB, which are all illegal and his son has always benefitted by this. The raids have to take place to get the documents and get incriminating evidence which they have kept,” Subramanian Swami on CBI raids

12: 01 PM: Govt wants to stop me from writing, as it has tried to with leaders of Opposition parties, journalists, columnists, NGOs and civil society, “I mean…(this is) absolute nonsense.” P Chidambaram said. Karti Chidambaram meanwhile refused to comment on the matter and said that he will give a detailed statement at a later time.

11: 52 AM: Now India will know how corrupt Congress is: Subramanian Swamy

11: 50 AM: Meanwhile, the Income Tax department had also raided Lalu Yadav’s kin in Delhi and Gurugram

11: 46 AM: According to last reports, the raids were still on. This makes it almost 5 hours of continuous raids.

11: 37 AM: Karti Chidambaram speaks to India Today, says “will give detailed statement”

11: 36 AM: Karti Chidambaram refuses to speak about the raids.

11: 33 AM: Karti Chidambaram stays mum infront of the media

11: 32 AM: If Congress had adopted the same tactic that BJP is doing today then there would be no other political party in India today-Peter Alphonse, Congress


11: 23 AM: Revenge of false cases has become the DNA of BJP. Everyday Opposition is being targeted: R Surjewala

11: 20 AM: Congress attacks centre, Randeep Surjewala says that the Government is blinded by revenge


11: 19 AM: revenue department had wanted the probe: Reports

11: 18 AM: Political witch-hunt by government: Randeep Surjewala tells CNN News18

11: 16 AM: INX media played Karti Chidambaram as bribe of Rs 3.5 crore: Reports

11: 15 AM: Randeep Surjewala terms the raids as a government conspiracy. Says opposition will not be silenced, CNN News18 reports

11: 14 AM: Congress party will not bow dowNeither  P Chidambaram nor the INC will be supressed by such conspiracies by the autocratic government: Randeep Surjewala


11: 12 PM: FIPB showed undue favours to INX show Karti Chidambaram FIR, CNN News18 reports

11: 09 AM: ED can conduct the case under FEMA; CBI has registered a FIR. PMLA is a criminal act: Subramanian Swamy

10:55 AM: CBI had registered a case yesterday regarding Foreign Investment Promotion Board (FIPB) clearance given to INX Media, run by its directors Indrani Mukerjea and Peter Mukerjea, in 2007 which it is alleged that favours were given when P Chidambaram was the Finance Minister, according to PTI.

10: 45 AM: In 18 countries P Chidambaram has illegal bank accounts, properties & houses, says BJP MP Subramanian Swamy

10: 43 AM: “Chidambaram has only one reputation. He is a crooked mean liar,” says BJP’s Subramanian Swamy to Times Now

10: 40 AM: “Strongly condemn raids against Chidambaram and Karti Chidambaram. Political vendetta of the worst kind”: Digvijaya Singh on Twitter

10: 39 AM: Former Union Minister P Chidambaram has to be in the jail, says BJP MP Subramanian Swamy

10:38 AM: In reaction to Chidambaram, Subramanian Swamy said, “ED can conduct the case under FEMA; CBI has registered a FIR. PMLA is a criminal act.”

10: 35 AM: There are no allegations against me: Chidambaram

10: 30 AM: CBI raids on P Chidambaram comes on the back of the ED raid on Karti

10: 27 AM: Every case processed according to law & approval granted or refused accordance with FIPB recommendations consisting of 5 GOI Secretaries: Chidambaram

10:25 AM: Govt wants to stop me from writing, as it has tried to with leaders of Opposition parties, journalists, columnists, NGOs and civil society: Chidambaram

10:20 AM: As quoted by PTI, Chidambaram said, “I mean…(this is) absolute nonsense.”

CBI raids on P Chidambaram, Karti Live Updates: Residences of former FM and son raided in FIPB case P Chidambaram’s residence in Chennai. (Photo: ANI)

10:15 AM: When asked about the raids, the former union minister said, “You should have called your CBI friends…….Should I stop writing? (against the government).”

10: 10 AM: Govt by using CBI and other agencies is targeting my son and his friends, Govt wants to silence my voice: P Chidambaram on CBI raids

CBI raids on P Chidambaram, Karti Live Updates: Residences of former FM and son raided in FIPB case CBI raid at former union minister P Chidambaram’s residence in Chennai. (Photo: ANI)

10:05 AM: CBI raid at former union minister P Chidambaram’s residence in Chennai

  1. H
    Hari
    May 16, 2017 at 7:57 pm
    These corrupt leaders must be punished severally. Firstly CBI should seize all ets of these leaders who are curse for country and looted all resources of country by abusing power. Congress is party of foreign evaders led by Sonia hi who amassed huge wealth by looting this country. Laloo is profound looter who looted Bihar resulted in 10 crore people are left for begging in other states and badly humiliated in those states as reported in medias. SC has given bail to convicted Laloo which is encouraging more corrupt practices when Laloo's w family is now involved. CBI must seize all ets of Laloo and his family making him as beggar as other Biharis who are made by laloo through corrupt and bad governance in Bihar. Nitish Kumar has completely damaged his image by aligning with Laloo and making DyCM and ministers to his illiterate and fool sons. This is b er done by Nitish tarnishing his image. Now Bihar is ree under total jungle raj which is evident from massive crime.
    Reply
    1. J
      jinojojic
      May 16, 2017 at 2:42 pm
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      Reply
      1. G
        Grandays
        May 16, 2017 at 11:44 am
        Good Lock these jokers IN
        Reply

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