CBI arrests Karti Chidambaram in INX Media case

The Central Bureau of Investigation (CBI) has arrested Karti Chidambaram, the son of former finance minister P. Chidambaram on Wednesday. The agency has been probing into suspected criminal misconduct related to investment deals and did not reveal the grounds on which he has been arrested.

Karti Chidambaram was detained at the airport in Chennai after his arrival from London and will be appear in court later in the day, Abhishek Dayal, CBI spokesman said. After an initial round of questioning, he is being brought back to Delhi for detailed interrogation.

“The reasons for the arrest will be provided in the court.”

He is accused of receiving payoffs to clear foreign investment worth around Rs. 300 crore in INX Media. The CBI and the Enforcement Directorate had filed separate cases against him in May last year and conducted searches on the houses and offices owned by the Chidambarams.

Karti Chidambaram was questioned many times and a lookout notice was also issued against him, alerting the airports to stop a passenger from traveling abroad as the agencies were concerned that he would try to close his foreign accounts. However, in November, the Supreme Court had granted permission to Karti Chidambaram to fly to the UK for his daughter’s admission in the Cambridge University.

Congress spokesman Randeep Singh Surjewala tweeted that the Modi government was continuing its “vendetta” against Chidambaram, and called the arrest a diversionary tactic to hide “scams and colossal corruption”.

P. Chidambaram, 72, was the former finance minister in the Congress-led coalition that ran India from 2004-08 and then from 2012 until the party’s defeat in May 2014. He has been a vocal critic of Prime Minister Narendra Modi and current Finance Minister Arun Jaitley.

 

(Source: Reuters)

by TNBC Staff Reporter on February 28, 2018

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CBI arrests Karti Chidambaram in INX Media case

The Central Bureau of Investigation (CBI) has arrested Karti Chidambaram, the son of former finance minister P. Chidambaram on Wednesday. The agency has been probing into suspected criminal misconduct related to investment deals and did not reveal the grounds on which he has been arrested.

Karti Chidambaram was detained at the airport in Chennai after his arrival from London and will be appear in court later in the day, Abhishek Dayal, CBI spokesman said. After an initial round of questioning, he is being brought back to Delhi for detailed interrogation.

“The reasons for the arrest will be provided in the court.”

He is accused of receiving payoffs to clear foreign investment worth around Rs. 300 crore in INX Media. The CBI and the Enforcement Directorate had filed separate cases against him in May last year and conducted searches on the houses and offices owned by the Chidambarams.

Karti Chidambaram was questioned many times and a lookout notice was also issued against him, alerting the airports to stop a passenger from traveling abroad as the agencies were concerned that he would try to close his foreign accounts. However, in November, the Supreme Court had granted permission to Karti Chidambaram to fly to the UK for his daughter’s admission in the Cambridge University.

Congress spokesman Randeep Singh Surjewala tweeted that the Modi government was continuing its “vendetta” against Chidambaram, and called the arrest a diversionary tactic to hide “scams and colossal corruption”.

P. Chidambaram, 72, was the former finance minister in the Congress-led coalition that ran India from 2004-08 and then from 2012 until the party’s defeat in May 2014. He has been a vocal critic of Prime Minister Narendra Modi and current Finance Minister Arun Jaitley.

 

(Source: Reuters)

by TNBC Staff Reporter on February 28, 2018

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