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Nothing was found, nothing was seized: Chidambaram's lawyer on ED raids

ANI  |  Chennai (Tamil Nadu) [India] 

P. Chidambaram's son Karti Chidambaram's on Saturday said nothing was found and nothing was seized from Chidambaram's homes where (ED) conducted raids in and in connection with Aircel-case.

"The ED conducted a raid today. Nothing was found, nothing was seized. The raid concluded at 10.45 a.m," Karti's told media here.

He also said this was not an enquiry but just a raid, and kept emphasising that nothing was found or seized.

"It was a raid conducted under the provisions of Prevention of Money Laundering Act (PMLA)," said

The (ED) conducted a raid at former P.

Chidambaram's son Karti Chidambaram's homes in and in the alleged bribery case.

According to sources, the ED officials reached there at 7.30 a.m. There were about five officials at their residence.

In October last year, during investigation ED found that (FIPB) approval given by in Aircel-case was beyond his mandate.

The law enforcement agency, in its investigation, also found that the amount for FIPB approval was wrongly projected to conceal the facts.

It also found that the company promoted by Karti and P Chidambaram's nephew allegedly received two lakh dollars from Group in guise of

The Aircel-deal refers to a series of allegations of kickbacks in the telecom sector, which was part of the wider 2G scam that engulfed the UPA regime.

In 2011, former head complained to the CBI that he was being forced by then telecom to sell to the Malaysia-based Communications group owned by T. Ananda Krishnan.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, January 13 2018. 12:15 IST
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