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Karti Chidambaram Leaves for London, ED Books Him the Day After

CNN-News18

Updated: May 19, 2017, 1:32 PM IST
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New Delhi: The Enforcement Directorate on Friday registered a money laundering case against Karti Chidambaram, adding to the troubles of former finance P Chidambaram’s son who is currently in the United Kingdom.

The probe agency registered an Enforcement Case Information Report (ECIR), ED's equivalent of a police FIR, against the accused named in a CBI complaint, including Karti, INX media and its directors, Peter and Indrani Mukerjea. The ECIR has been registered under the provisions of the Prevention of Money Laundering Act (PMLA).

It is the ED which had provided information about the alleged illegal payments made by INX media, based on which the CBI had filed its FIR.

Karti left for London on Thursday, two days after the CBI carried out searches at his home and offices across four cities for allegedly receiving money from the media firm owned by the Mukerjeas to scuttle a tax probe. Both Karti and his father said it was a “scheduled trip” and that he would return soon.

ALSO READ | 2 Days After CBI Raids at Home, Karti Chidambaram Leaves for London

The CBI had filed an FIR against Karti and the Mukerjeas on charges of criminal conspiracy, cheating, receiving illegal gratification, influencing public servants and criminal misconduct.

It is alleged that Karti received money from INX Media for using his influence to manipulate a tax probe against it in a case of violation of Foreign Investment Promotion Board (FIPB) conditions to receive investment from Mauritius.

The CBI had also recovered vouchers of Rs 10 lakh which were allegedly paid for the services.

These vouchers were issued in favour of Advantage Strategic Consulting (P) Limited, a firm "indirectly" owned by Karti, the CBI had alleged.

The senior Chidambaram, after the CBI searches on May 16, had issued a strong statement in response to the raids saying that the government was using the CBI and other agencies to target his son.

FIPB approval was granted in "hundreds of cases", the senior Congress leader had said.

The CBI FIR was made out against Karti, his company Chess Management Services, the Mukerjeas (currently in jail on charges of murder their daughter Sheena Bora), INX Media, Advantage Strategic Consulting Services and its director Padma Vishwanathan.

First Published: May 19, 2017, 11:36 AM IST
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