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INX Media deal: ED files money laundering case against Karti Chidambaram

ECIR has been registered under the provisions of the Prevention of Money Laundering Act (PMLA)

Press Trust of India  |  New Delhi 

Karti Chidambaram. Photo: PTI
Karti Chidambaram. Photo: PTI

The Enforcement Directorate (ED) has registered a money laundering case against Karti Chidambaram, son of former finance minister P Chidambaram, and others, taking cognisance of a recent FIR against them.

Officials said the central probe agency registered an Enforcement Case Information Report (ECIR), ED's equivalent of a police FIR, against the accused named in the complaint including Karti, and its directors, Peter and Indrani Mukerjea, and others.

The has been registered under the provisions of the Prevention of Money Laundering Act (PMLA), they said.

They said the will probe the alleged "proceeds of crime" generated in this case and may also attach assets of the various accused.

It is the which had provided information about the alleged illegal payments made by INX media, based on which the had filed its FIR.

The CBI, on Tuesday, had carried out searches at the homes and offices of Karti across four cities for allegedly receiving money from the media firm owned by the to scuttle a tax probe.

The Chidambarams had denied all the charges made against them.

The had filed an FIR against Karti and the on charges of criminal conspiracy, cheating, receiving illegal gratification, influencing public servants and criminal misconduct.

It is alleged that Karti received money from for using his influence to manipulate a tax probe against it in a case of violation of (FIPB) conditions to receive investment from Mauritius.

The had also recovered vouchers of Rs 10 lakh which were allegedly paid for the services.

These vouchers were issued in favour of (P) Limited, a firm "indirectly" owned by Karti, the had alleged.

The senior Chidambaram, after the searches on May 16, had issued a strong statement in response to the raids saying that the government was using the and other agencies to target his son.

FIPB approval was granted in "hundreds of cases", the senior Congress leader had said.

The FIR was made out against Karti, his company Chess Management Services, the (currently in jail on charges of murder their daughter Sheena Bora), INX Media, Services and its director Padma Vishwanathan.

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