The Central Bureau of Investigation has told the Supreme Court that Karti Chidambaram has closed several foreign accounts and transferred money deposited in them when he was abroad.
Karti Chidambaram, son of former union minister, P Chidambaram cannot travel abroad. The Supreme Court said that it would hear the matter and pass orders at 2 pm on September 18. The Central Bureau of Investigation has alleged that Karti Chidambaram took service charges for getting FIPB clearance when his father P Chidambaram was the union finance minister.
The Supreme Court on Monday directed the real estate firm Jaypee associates to deposit Rs 2,000 crore by October 27 with its registry and asked the NCLT- appointed interim resolution professional (IRP) to take over its management and work out a plan to protect the interests of homebuyers and creditors.
The court, in effect, allowed the insolvency proceedings against Jaypee Infratech to continue but stayed the proceedings initiated against it in other fora like the Consumer Commission.It also restrained the Managing Director and Directors of Jaypee Infratech, a sister company of Jaypee associates, from travelling abroad without its prior permission.
A plea filed by Sahara chief, Subrata Roy seeking more time to deposit the remaining Rs 966.80 crore out of the Rs 1,500 crore in the SEBI-Sahara account was rejected by the Supreme Court of India.
A final attachment order against Lalu Prasad Yadav’s daughter Misa Bharti and her husband was issued by the Income Tax department. The department along with the Enforcement Directorate is probing cases of money laundering.
The Central Bureau of Investigation told the Supreme Court that the 25 properties abroad owned by Karti Chidambaram were being held in the name of shell companies.
19 companies have come under the scanner of the Central Bureau of Investigation for having sent Rs 424 crore in foreign remittances through about 700 transactions.
The Central Board of Direct Taxes or CBTD has said that it will probe assets of 7 out of 26 Lok Sabha MPs whose assets had increased in a large number. In an affidavit filed in the Supreme Court, the CBDT pointed out the disproportionate assets of MPs and MLAs.
The Imphal police have registered an FIR against former chief minister of Manipur, Ibobi Singh and five others in a case of alleged financial irregularities to the tune of Rs 185.79 crore.
The Supreme Court will hear the Bofors pay off case in the last week of October. Appeals were filed challenging the Delhi High Court’s order discharging the Hinduja brothers in the case.