1. INX Media case: ED raids Karti Chidambaram’s premises in Delhi, Chennai

INX Media case: ED raids Karti Chidambaram’s premises in Delhi, Chennai

INX Media case: The Enforcement Directorate (ED) on Saturday conducted raids at former finance minister and senior Congress leader P Chidambaram’s son Karti Chidambaram’s premises in New Delhi and Chennai.

By: | New Delhi | Published: January 13, 2018 10:46 AM
INX Media case, Aircel Maxis case, Karti Chidambaram, ED Raids, P Chidambaram, money laundering case, INX money laundering case, Enforcement Directorate, CBI, CBI complaint Karti Chidambaram. (Photo: IE)

INX Media case: The Enforcement Directorate (ED) on Saturday conducted raids at former finance minister and senior Congress leader P Chidambaram’s son Karti Chidambaram’s premises in New Delhi and Chennai, according to ANI reports. These raids have been conducted in connection with the INX Media money laundering case. Fresh summons was issued by ED for January 16 on Thursday after Karti Chidambaram skipped his appearance before the agency in connection with the money laundering case. A case was registered by the ED back in the month of May 2017 against Karti and others under the Prevention of Money Laundering Act. In addition, the Enforcement Directorate is raiding Karti Chidambaram’s premises in Delhi and Chennai over the Aircel Maxis case also.

According to an Indian Express report, an Enforcement Case Information Report was lodged by ED against the accused named in the CBI complaint which included Karti, INX media and its directors, Peter and Indrani Mukerjea, among others. The Enforcement Directorate has alleged that the former finance minister’s son received money from INX Media for using his influence to manipulate a tax probe against it in a case of violation of Foreign Investment Promotion Board (FIPB) conditions to receive investment from Mauritius.

Vouchers worth Rs 10 lakhs have also been recovered by the CBI. The agency said that the vouchers recovered were allegedly paid for the services. The accused were charged of criminal conspiracy, receiving illegal gratification, cheating, influencing public servants and criminal misconduct. CBI alleged, ”these vouchers were issued in favour of Advantage Strategic Consulting (P) Limited, a firm “indirectly” owned by Karti Chidambaram,’ according to IE. A strong statement was issued by senior Congress leader P Chidambaram, after CBI on May 16 conducted the raids. He had said that the government was using the CBI and other agencies to target his son. The FIPB approval was granted in “hundreds of cases”, the senior Congress leader had said.

Get latest news and updates on Auto Expo 2018, check breaking news on Budget 2018, like us on Facebook and follow us on Twitter.

  1. H
    harisingh
    Jan 13, 2018 at 2:43 pm
    common man of this country only wants to know when big guilty politicians/their relatives/scamesters and ghotalawaz ever be punished under our laws/system?
    Reply
    1. Sampath Chari
      Jan 13, 2018 at 11:18 am
      This is the same story which is quite often heard. When the governments change such things do take place and no one can help as CBI is under the Central Government. Mr P C must have utilised the CBI when he was in government
      Reply
      1. H
        harisingh
        Jan 13, 2018 at 2:45 pm
        hope big guilty r punished under our laws/system?
        Reply

      Go to Top