The Enforcement Directorate has told a Delhi court that it is investigating the transfer of Rs 32.91 crore by Karti P Chidambaram’s firm to a Singapore-based company and another investment of Rs 15.79 crore with erstwhile French tennis player Jean-Francois Caujolle.
The chargesheet filed by the Enforcement Directorate in the Aircel-Maxis case mentions the name of former union minister, P Chidambaram in various places, but he has not been arrayed as an accused.
Former finance minister P Chidambaram was on Tuesday questioned for over six hours by the Enforcement Directorate (ED) during his second round of appearance in the Aircel-Maxis money laundering case, even as he reiterated that there was no offence committed.
The CBI has filed an appeal in the Madras High Court challenging the discharge of the Maran brothers in the BSNL telephone exchange case. The court is yet to fix a date to hear the appeal.
Nirav Modi has fled to the United Kingdom and is said to be seeking political asylum. The Financial Times while quoting British and Indian officials said the PNB fraud accused is currently in the UK.
The Enforcement Directorate would move a special court to get Vijay Mallya declared as a Fugitive Economic Offender. If the ED’s plea is granted then Mallya loses control over all his properties and assets in India.
The Central Bureau of Investigation is preparing a request to the Interpol to issue a red corner notice against Nirav Modi and Mehul Choksi in connection with the PNB fraud case.
In a major move the Enforcement Directorate has provisionally attached assets worth nearly Rs 170 crore belonging to Nirav Modi in connection with the PNB fraud case. The action was taken under the provisions of the Prevention of Money Laundering Act. This action would now have to be confirmed by the adjudicating authority.
The Karnataka Bank Ltd has informed the Reserve Bank of India that Gitanjali Gems owned by Mehul Choksi had committed a Rs 86.47 crore fraud in the fund based working capital.
The Enforcement Directorate which is probing the PNB scam amounting to over Rs 12,000 crore has arrested a close aide of Nirav Modi, the prime accused in the case.