ED raids Karti Chidambaram's premises in Delhi and Chennai, Congress calls it politics of vendetta

New Delhi, News Nation Bureau | Updated : 13 January 2018, 12:15 PM

The Enforcement Directorate (ED) on Saturday conducted raids at senior Congress leader P Chidambaram’s son Karti Chidambaram’s premises in Delhi and Chennai. The raids were conducted in connection with a money laundering case. 

The raids were being carried since early morning, as per the official sources. Nothing was recovered from Karti's house during the raid.

ED on Thursday had issued fresh summons to Karti Chidambaram to appear before it on January 16 after he failed to appear before the agency. 

The probe agency had registered a case against Karti and others under the Prevention of Money Laundering Act in May 2017. ED had also carried out raids in the premises of Karti’s relatives and others on December 1, 2017.  

The law enforcement agency has alleged that Karti received money from Peter and Indrani Mukerjea owned INX media so as to avoid the tax probe against it. 

Karti is facing investigation in connection with the role of facilitating the approval of the Foreign Investment Promotion Board (FIPB) to INX Media Limited in 2006. During that period his father P Chidambaram was the Union Finance Minister.

It was alleged that Karti received Rs 3.5 crore for assisting INX media in getting FIPB approval.

The ED raids in Chennai have concluded.

Reacting to ED raids senior Congress leader Randeep Surjewala said, “Not surprised by the malicious vendetta being unleashed against senior Congress leaders including P Chidambaram and his son. Everyday PM Modi and his government use ED & CBI as captive puppets to seek revenge from the opposition.”

First Published: Saturday, January 13, 2018 11:28 AM
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