INX Media money laundering case: ED conducts raids against people linked to Karti Chidambaram in Chennai

Enforcement Directorate (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 INX Media money laundering case

PTI February 16, 2018 11:11:30 IST
INX Media money laundering case: ED conducts raids against people linked to Karti Chidambaram in Chennai

New Delhi: The Enforcement Directorate (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 INX Media money laundering case, officials said.

They said the raids were being conducted at three premises in Chennai under provisions of the Prevention of Money Laundering Act (PMLA), the anti-money laundering law. The searches were carried out against people allegedly linked to Karti Chidambaram, they added.

INX Media money laundering case ED conducts raids against people linked to Karti Chidambaram in Chennai

File image of Karti Chidambaram. News 18

The former Union minister's son was questioned for over 10 hours on Thursday in this case in Delhi by the Enforcement Directorate. The central probe agency had carried out searches in this case earlier too. It had registered a money laundering case against Karti Chidambaram 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, INX Media 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 Chidambaram 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 Chidambaram 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 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

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

INX Media case: CBI summons Karti Chidambaram in corruption probe
India

INX Media case: CBI summons Karti Chidambaram in corruption probe

The CBI on Wednesday issued summons to Karti Chidambaram in its ongoing probe against him in a corruption case, an official said.

INX Media bribery case: CBI takes former finance minister P Chidambaram's son Karti to Mumbai for questioning
India

INX Media bribery case: CBI takes former finance minister P Chidambaram's son Karti to Mumbai for questioning

The CBI took Karti Chidambaram, son of Congress leader P Chidambaram, for questioning in the INX Media alleged bribery case, an official said.

INX Media case: Mamata Banerjee slams Centre, says manner of P Chidambaram's arrest 'very depressing'
Politics

INX Media case: Mamata Banerjee slams Centre, says manner of P Chidambaram's arrest 'very depressing'

West Bengal chief minister Mamata Banerjee hit out at the Centre stating that the process of arresting senior Congress leader P Chidambaram in connection with INX Media case was 'incorrect'.