Karti Chidambaram appears before ED in connection with INX Media money laundering probe case

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Karti Chidambaram appears before ED in connection with INX Media money laundering probe case

On Tuesday, the ED had issued a fresh summon to Karti Chidambaram, the son of senior Congress leader P Chidambaram, in connection with its probe into the INX Media money laundering case.

Karti Chidambaram today appeared before the Enforcement Directorate (ED) in connection with the INX Media money laundering probe case.

On Tuesday, the ED had issued a fresh summon to Karti Chidambaram, the son of senior Congress leader P Chidambaram, in connection with its probe into the INX Media money laundering case.

As the agency needed further clarifications, the ED in the fresh summons had asked Karti Chidambaram to appear before it in person or through his authorised representative on January 18.

Last week, the ED searched the premises of Karti Chidambaram and those associated with him in a separate money laundering case pertaining to the Aircel-Maxis deal.

ACCUSATIONS AGAINST KARTI:

An Enforcement Case Information Report (ECIR), the ED's equivalent of a police FIR, was lodged last May under the provisions of the Prevention of Money Laundering Act (PMLA) against Karti.

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

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

The agency has alleged that Karti Chidambaram received money from INX Media 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.

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

These vouchers were issued in favour of Advantage Strategic Consulting (P) Limited, a firm "indirectly" owned by Karti Chidambaram, the CBI had alleged.

The Chidambarams have denied all the charges made against them.

Former finance minister P Chidambaram, after the CBI searches on May 16, had issued a strong statement in response to the raids, saying the government was using the CBI and other agencies to target his son.

(With inputs from PTI)