After ED files PMLA case against Karti Chidambaram, probe ambit to widen

kartiThe Enforcement Directorate which filed a case under the PMLA against Karti Chidambaram has decided to widen the probe. Enforcement Directorate sources say it will probe the alleged proceeds of crime generated in the case and may also attach assets of the various accused.

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ED files case under PMLA against Karti Chidambaram, summons likely soon

kartiThe Enforcement Directorate has filed a case under the provisions of the Prevention of Money Laundering act against Karti Chidambaram son of former union minister union minister P Chidambaram. The ED is likely to issue summons to him soon. Karti is however away at London.

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Days after CBI raid, Karti Chidambaram leaves for London

kartiTwo days after the Central Bureau of Investigation raided him, Karti Chidambaram, the son of former Union Finance Minister, P Chidambaram has left for London.

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Probe against Chidambaram to widen says CBI, hard discs, docs being examined

Searches are underway and some important seizures such as hard discs and documents have been made, the CBI said on the raids that were conducted at the residence of former union minister P Chidambaram and his son Karti.
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The charges against Karti Chidambaram explained in 6 points

The CBI on Tuesday carried out searches in 14 different places including the residence of Karti Chidambaram. The raids were conducted in connection with the alleged criminal misconduct in grant of Foreign Investment Promotion Board approval to foreign investments received by INX Media Pvt Ltd formerly owned by Peter and Indrani Mukerjea.
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CBI raids on Chidambaram, spill over of ED probe: Read what the entire case is about

chidambaramsonThe father-son duo of Chidambaram and Karti have been accused of receiving bribes and abusing positions of power and this led to a CBI raid earlier today. 17 locations in Chennai, Noida, Karaikudi and Delhi were searched by the officials of the Central Bureau of Investigation. The raids are a spill over of the probe conducted by the Enforcement Directorate.

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Government wants to silence my voice: Chidambaram on CBI raids

chidambaramFormer Union Minister, P Chidambaram has cried foul over the raids by the Central Bureau of Investigation at his residence. The Government wants to silence my voice said Chidamabaram while reacting to the raids that also took place at his son Karti’s residence.

Government by using the CBI and other agencies is targeting my son and his friends. The government wants to silence my voice, the former finance minister of India also said.

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CBI raids Chidambaram’s Chennai home: Searches on at Delhi, Mumbai

chidambaramsonThe CBI has conducted raids at the residence of former union minister P Chidambaram and his son’ house in Chennai. The CBI has raided 16 different locations. The CBI has also conducted raids at Gurgaon, Delhi and Delhi in connection with the same case. The CBI has registered an FIR in relation to the irregularities Foreign Investment Promotion Board Clearance given to the INX media.

It may be recalled that the ED too had probed INX media for forex violations. The CBI raid is a continuation of the investigation done by the Enforcement Directorate which had tracked three transactions done by Karti Chidambaram. Documents pertaining to the same are being searched, the CBI officials said. Further the CBI is also finding out about the Rs 60 lakh that was paid from INX Media to Northstar Software Solutions ltd.

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ED notice to Karti Chidambaram in Rs 2,262 crore FEMA case

karthiThe Enforcement Directorate has issued a show cause notice to Karti P Chidambaram in a case relating to FEMA violation to the tune of RS 2,262 crore. The ED also served notices to Advantage Strategic Consulting of Rs 45 crore for FEMA contraventions in the sale of Vasan shares to overseas investors.

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Aircel-Maxis- ED tells Karti Chidambaram to apppear with documents

Karti_Chidambaram_1754499fKarti Chidambaram, son of former union minister P Chidambaram has been asked to appear before the Enforcement Directorate today with documents relating to the Aircel-Maxis scam. Documents pertaining to payment of $2 lakh will have to be produced by Karti.
The ED which has been probing the case has sought for documents relating to the payment. The ED had found that $2 lakh had been paid off to Chess Management Services Private Limited, a firm belonging to Karti.

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