ED, CBI issue lookout notice against Karthi Chidambaram, former FM son approaches Madras HC

By: |
New Delhi | Updated: August 4, 2017 12:19:42 PM

After the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) issued a lookout notice against former Finance Minister P Chidambaram's son Karthi Chidambaram, he has now reportedly approached the Madras High Court

Karthi Chidambaram, Karthi Chidambaram notice, Karthi Chidambaram lookout notice, lookout notice against Karthi Chidambaram, ed notice against Karthi Chidambaram, Karthi Chidambaram ed notice, Karthi Chidambaram cbi notice, cbi notice against Karthi Chidambaram, india news, latest newsThe Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) issued a lookout notice against former Finance Minister P Chidambaram’s son Karthi Chidambaram. (Source: PTI)

After the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) issued a lookout notice against former Finance Minister P Chidambaram’s son Karthi Chidambaram, he has now reportedly approached the Madras High Court, reported ANI on Friday morning. The petition was heard in the Madras High Court today and the matter has been adjourned to Monday. Meanwhile, Times Now reported that the lookout notice was issued against Karthi Chidambaram a few days back for not appearing for hearing in the IMX case but came to light today after the petition was heard in the Madras High Court. When Karthi was approached on the matter, he neither confirmed it nor declined.

Trouble started for former Union Finance minister P Chidambaram and his son Karti as CBI officials on May 16 conducted searches in Tamil Nadu as well as other states in connection with the alleged favours granted in FIPB clearance to a firm, according to PTI. Official sources told the agency that the raids were carried out in Mumbai, Delhi, Chennai, and Gurugram.

These raids were conducted just one day after the CBI registered a case regarding 2007 FIPB clearance given to INX Media, run by Indrani Mukerjea and Peter Mukerjea. The firm allegedly received favours when Chidambaram was the Finance Minister. Back then, the CBI had registered the case against INX Media through its director Indrani Mukerjea, Peter Mukerjea, Karti Chidambaram, Chess Management Services (a company of Karti), Advantage Strategic Consulting Limited through its Director Padma Vishwanathan.

The raids were carried out a day after the CBI registered a case regarding 2007 FIPB clearance given to INX Media, run by Indrani Mukerjea and Peter Mukerjea. The charged levelled by the probe agency against the accused include criminal conspiracy, cheating and taking gratification by corrupt or illegal means to influence public servant and criminal misconduct. Karti is also facing alleged money laundering charges in connection with the Aircel-Maxis deal. His offices were raided in past as well.

Follow financialexpress.com for all news and analysis on the Lok Sabha Elections 2019. Check Lok Sabha election 2019 schedule, Lok Sabha Constituency Details and updates on campaigning by Narendra Modi and Rahul Gandhi. Like us on Facebook, follow us on Twitter.

Switch to Hindi Edition
FinancialExpress_1x1_Imp_Desktop