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ED summons Karti Chidamabaram in INX Media case

Posted on January 30, 2018 from Delhi, National ι Report #174036

New Delhi, Jan 29 (IANS) The Enforcement Directorate (ED) on Monday issued fresh summons to Karti Chidambaram, son of Congress leader P. Chidambaram, in a money laundering case related to alleged irregularities in an FIPB clearance accorded to INX Media in 2007.

A senior Enforcement Directorate official told IANS that it had summoned Karti on February 2 for questioning.

The agency had also questioned him on January 18 for over 10 hours.

On January 13, the agency conducted raids at Karti's properties -- one in Delhi and four in Chennai.

The Directorate had registered the money laundering case against him in May 2017.

Also named in a CBI FIR, along with INX Media and its directors, Peter and Indrani Mukerjea -- both accused in the murder of Sheena Bora -- and others, Karti is facing a probe for his alleged role in facilitating Foreign Investment Promotion Board (FIPB) clearance for INX Media Ltd when his father was the Union Finance Minister.

Karti is alleged to have received Rs 3.5 crore from the Mumbai-based INX Media, now 9X Media, for helping it get the FIPB clearance when it was run by the Mukerjeas.

--IANS

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