CBI questions Chidambaram in INX Media case

Image
IANS New Delhi
Last Updated : Jun 06 2018 | 12:40 PM IST

Former Finance Minister P. Chidambaram was on Wednesday questioned by the CBI in connection with its ongoing probe into the INX Media corruption case.

According to the agency, Chidambaram appeared at the Central Bureau of Investigation's (CBI) headquarters around 11 a.m.

A special CBI Economic Offences Wing team started questioning Chidambaram about his role in granting Foreign Investment Promotion Board (FIPB) approval to INX Media in 2007.

The team has prepared a set of questions for Chidambaram's clarifications. The senior Congress leader's statement would be recorded, according to a probe agency official.

Besides his clarification on FIPB clearance, Chidambaram would also be quizzed on Indrani Mukherjea's allegations and other aspects linked to the INX Media case.

The questioning is part of the CBI's investigation into a money laundering case registered in 2017 against Chidambaram's son Karti Chidambaram in the Aircel-Maxis case.

The CBI first issued the summons to Chidambaram in the case on June 1 asking him to appear the next day, but the Congress leader skipped the notice after the Delhi High Court granted him interim protection from arrest.

The court on May 31 granted interim protection to the Congress leader from arrest till July 3 in the INX Media case.

Earlier, the court had allowed interim protection to his son Karti Chidambaram till July 10.

The CBI had on May 15, 2017, filed an FIR in the case accusing Chidambaram, his son Karti and others of involvement in irregularities committed in giving INX Media the clearance to receive Rs 305 crore in foreign investment.

The CBI had on February 28 arrested Karti in the case, accusing him of taking money to facilitate the FIPB clearance to INX Media in 2007 when his father was the Finance Minister during the United Progressive Alliance (UPA) government. Later, he was granted bail.

The CBI initially alleged that Karti had received Rs 10 lakh as bribe for facilitating the FIPB clearance.

The figure was, however, revised later to about $1 million or Rs 6.5 crore at the current exchange rate.

The CBI and the Enforcement Directorate are probing the case.

On Tuesday, the former Finance Minister was questioned by the Enforcement Directorate (ED) officials for over five hours in the Rs 3,500 crore Aircel-Maxis deal case.

--IANS

aks-rak/in/tsb/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 06 2018 | 12:32 PM IST

Next Story