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  1. Aircel Maxis case: In ED crackdown, Karti Chidambaram’s bank account, assets, fixed deposits worth Rs 90 lakh attached

Aircel Maxis case: In ED crackdown, Karti Chidambaram’s bank account, assets, fixed deposits worth Rs 90 lakh attached

Aircel Maxis case: In a major trouble for former Finance Minister P Chidambaram's son Karti Chidambaram, the Enforcement Directorate has attached his bank accounts and assets in connection with the Aircel Maxis case

By: | New Delhi | Updated: September 25, 2017 1:56 PM
Karti Chidambaram, p Chidambaram son, Aircel Maxis case, Karti Chidambaram assets, ed crackdown, cbi raid, congress Aircel Maxis case: In a major trouble for former Finance Minister P Chidambaram’s son Karti Chidambaram, the Enforcement Directorate has attached his bank accounts and assets in connection with the Aircel Maxis case. (PTI image)

Aircel Maxis case: In a major trouble for former Finance Minister P Chidambaram’s son Karti Chidambaram, the Enforcement Directorate has attached his bank accounts and assets in connection with the Aircel Maxis case, according to ANI report. It has been learnt that Karti’s fixed deposits worth Rs. 90 lakh have also been attached, the report says. On September 22, the CBI had claimed in the Supreme Court that a lookout notice was issued against Karti Chidambaram to prevent him from travelling abroad as he was closing several of his foreign bank accounts, according to PTI report.

The apex court, which was hearing the matter relating to a corruption case against Karti, was informed by the agency that several issues have come out during the investigation and many others were expected to be revealed. The CBI wanted to place the documents concerning its investigation in a sealed cover before a bench headed by Chief Justice Dipak Misra, which was opposed by Karti’s counsel and senior advocate Kapil Sibal, PTI reported on September 22.

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The case against Karti pertains to an FIR lodged by the CBI on May 15, alleging irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when his father was the Finance Minister during the then UPA regime

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