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INX media PMLA case: Karti Chidambaram appears before ED

Press Trust of India  |  New Delhi 

Karti Chidambaram, son of senior P Chidambaram, today appeared before the ED for the second time in connection with the case, official sources said.

They said deposed before the (IO) of the case as per the scheduled summons for today.

This was the second time he appeared before the ED in this case after he was first grilled by the agency on January 18.

The central probe agency had earlier summoned on February 2 after which he informed them that he would be unable to depose as he had an interlocutory application pending in the in this case.

The ED then summoned him for today.

It is understood that he today told the IO that he was appearing before the agency "under protest".

Talking to reporters on January 18, had said that he told the investigators what he had earlier "clearly stated in his petitions in the court" (in the case).

The former Union minister's son was referring to his moving of various courts, including the and the Supreme Court, in response to the ED's action against him.

The central probe agency had registered the case against him and others in May last year.

It had registered an Enforcement Case Information Report (ECIR), the ED's equivalent of a police FIR, against the accused named in a complaint, including Karti Chidambaram, and its directors -- Peter and

The ECIR was lodged under the provisions of the Prevention of Act (PMLA).

The sources said the ED was probing the alleged "proceeds of crime" generated in this case.

It was the which had provided information about the alleged illegal payments made by Media, based on which the had filed its FIR.

The had also carried out searches at the houses and offices of across four cities for allegedly receiving money from the firm owned by the Mukerjeas to scuttle a tax probe.

The Chidambarams, however, have denied all the charges made against them.

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

The agency has alleged that Karti Chidamabaram 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


The has said that it also seized vouchers of Rs 10 lakh which were allegedly paid for the services.

The vouchers were issued in favour of the Advantage Strategic Consulting (P) Limited, a firm "indirectly" owned by Chidambaram's son.

The former minister, after the searches on May 16 last year, had issued a strong statement against the raids, saying the government was using the and other agencies to target his son.

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

The FIR was made out against Karti Chidambaram, his company Chess Management Services, the Mukerjeas (currently in jail on charges of murder of their daughter Sheena Bora), Media, Advantage Strategic Consulting Services and its

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

First Published: Thu, February 15 2018. 13:50 IST
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