You are here: Home » PTI Stories » National » News
Business Standard

INX Media PMLA case: ED grills Karti Chidambaram for six hours

Press Trust of India  |  New Delhi 

Karti Chidambaram, son of former minister P Chidambaram, was questioned for about six hours by the (ED) on Thursday in connection with a money-laundering probe against him in the Media case.

Officials said Karti was summoned to record his statement under the Prevention of Act (PMLA). He was grilled a number of times in the case in the past.

Karti arrived at the ED office in Jamnagar House in central at about 11 am and left shortly before 6 pm. He took about an hour-long break for lunch.

It is understood that Karti was confronted with certain statements of the other accused and witnesses in the case. Officials said he might be called again for questioning.

The ED had attached Karti's assets worth an estimated Rs 54 crore, located in and abroad, in the case last year.

The central probe agency had registered the PMLA case on the basis of a FIR and had alleged irregularities in the (FIPB) clearance to Media for receiving overseas funds to the tune of Rs 305 crore in 2007, when P Chidambaram was the minister.

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

Karti was arrested on February 28 last year by the CBI, the other central agency investigating the case, for allegedly taking money to facilitate the FIPB clearance to in 2007. He was granted bail subsequently.

The agency has alleged that Karti received money from INX Media, using his influence to manipulate a tax probe against it in a case of violation of FIPB conditions to receive investments from

Officials said P Chidambaram was also expected to be questioned in a money-laundering case at the same ED office on Friday.

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

First Published: Thu, February 07 2019. 20:55 IST
RECOMMENDED FOR YOU