You are here: Home » Current Affairs » News » National
Business Standard

INX Media case: After 10-hr questioning of Karti, more ED raids in Chennai

ED had registered a money laundering case against Karti Chidambaram and others in May last year

Press Trust of India  |  \R New Delhi 

Karti Chidambaram, son of former Union minister P Chidambaram, waves as he arrives at Central Bureau of Investigation (CBI) headquarter in New Delhi on Wednesday in connection with INX Media case. (Photo: PTI)
Karti Chidambaram, son of former Union minister P Chidambaram, waves as he arrives at Central Bureau of Investigation (CBI) headquarter in New Delhi on Wednesday in connection with INX Media case. (Photo: PTI)

The ED on Friday carried out fresh searches against people allegedly linked to Karti Chidambaram, son of senior Congress leader P Chidambaram, in connection with the case, officials said.

They said the raids were being conducted at three premises in under provisions of the Prevention of Act (PMLA), the anti-law.

The searches were carried out against people allegedly linked to Karti Chidambaram, they added.

The former Union minister's son was questioned for over 10 hours on Thursday in this case in Delhi by the

The central probe agency had carried out searches, in this case, earlier too. It had registered a money laundering case against Karti 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 who were also named in a CBI complaint, including Karti Chidambaram, and its directors -- Peter and Indrani Mukerjea.

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

The ED is probing the alleged "proceeds of crime" generated in this case.

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

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

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

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

The agency has alleged that received money from for using his influence to manipulate a tax probe against it in a case of violation of Foreign Investment Promotion Board (FIPB) conditions to receive investment from Mauritius.

First Published: Fri, February 16 2018. 12:50 IST
RECOMMENDED FOR YOU