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CBI raids P Chidambaram, Karti’s residences; No allegation against me, says former minister

CBI raid at P Chidambaram's residence: Raids are reportedly in connection with clearances given to INX Media.

By: Express Web Desk | New Delhi | Updated: May 16, 2017 5:31 pm
P Chidambaram, Karti Chidambaram, Chidambaram house raided, CBI raid Chidambaram, congress, chennai, chennai raids cbi Senior Congress leader and former Union minister P Chidambaram.

The CBI early Tuesday morning conducted raids at at least fourteen locations across Chennai including the residence of former Union minister P Chidambaram. The CBI searches are in connection with foreign investments received by INX Media, formerly owned by Peter Mukerjea. The former minister has said there were no allegations against him and this was a move by the government to silence his voice.

A CBI team is also present at the residence of P Chidambaram’s son Karti Chidambaram and searches are underway at locations in Mumbai, Delhi and Gurugram.

In a statement issued, P Chidambaram said:

“FIPB approval is granted in hundreds of cases. The five Secretaries who constitute the FIPB, the officials of the FIPB Secretariat and the competent authority in each case are the public officials. There is no allegation against any of them. There is no allegation against me.

Every case was processed according to law and approval was granted or refused in accordance with the recommendations of the FIPB consisting of five Secretaries of the Government of India.

The government, using the CBI and other agencies, is targeting my son and his friends. The government’s aim is to silence my voice and stop me from writing, as it has tried to do in the cases of leaders of Opposition parties, journalists, columnists, NGOs, and civil society organisations. All I will say is, I shall continue to speak and write.”

To read this article in Tamil, click here

On Monday, according to news channel NDTV, the investigation agency registered an FIR against Karti Chidambaram in connection with the case and are currently probing the role of senior finance ministry officials in granting permissions to INX Media. Karti allegedly facilitated investments worth Rs 305 crore received by the media company. He allegedly took kickbacks to the tune of  over Rs 3 crore in connection with the deal, the channel reported. The agency also registered the case against INX Media through its director Indrani Mukerjea, Peter Mukerjea, Karti Chidambaram, Chess Management Services (a company of Karti), Advantage Strategic Consulting Limited through its Director Padma Vishwanathan.

Congress spokesperson Tom Vadakkan, speaking to news channels, said: “What have you been doing for three years? If there were serious charges, go ahead. If you have evidence, establish it. You are destroying reputations. The people of India are watching this. You are still trying to fish and find out.”

In April this year, the Enforcement Directorate issued a show-cause notice to Karti Chidambaram and a firm purportedly linked to him for alleged violation of the Foreign Exchange Management Act (FEMA). The violation is reportedly to the tune of Rs 45 crore. The agency had issued a similar notice to Chennai-based M/s Vasan Health Care Private Limited for alleged FEMA violation of more than Rs 2,100 crore.

The ED had then said it was also probing P Chidambaram for granting an FIPB approval in the Aircel-Maxis case.

In a statement issued then, Chidambaram had said: “The Enforcement Directorate has the habit of recycling allegations from time to time. Today’s press release by the ED is another example. The allegations in the press release are baseless, totally false and ridiculous.”

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  1. Roby Mani
    May 16, 2017 at 8:05 pm
    It is a strategy of BJP (Amit Shah) to malign all influential opposition members by bringing allegation of corruption against them by using the CBI who dance to the tunes of the persons/ party in power. This to an extend has proved successful. However it is observed that not a single single case has been registered against member from the BJP or its allies. Leave alone this it was seen that the government did not have the guts to take action against Shiva Sena MP who openly misbehaved against the Arline staff. Why this double standard? Do they mean to say that only opposition persons are corrupt and all other members of the BJP are honest and law abiding. Why no action is being taken against the powerful corporate houses for indulging in all sorts of underhand dea , specially the Adanis and Advanis who support the BJP by providing finance and directions.
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      Dr.Deshpande
      May 16, 2017 at 7:02 pm
      Why politicians, their relations and close friends ac ulate so much of wealth?. Party affiliation does nit matter. Why the highly qualified can not have even 1/ 1000 of their wealth? These are several million dollar questions which no one can answer. We, the honest citizens are fools and are being cheated. Karti Chidambaram is one of those billioners in that list. Please ins ute probe ( not selective )against the corrupt from all the parties including ru party. Yes. Modiji is non corrupt but what about many others? Could this be done. This will be a real Swatchha Bharat Abhiyan. Respected Narendra Bhai please think it over. In this process some of your colleagues might suffer and you know the bio data of those. You can do this and the w country is waiting for such a bold step like demonetization- may be a better one that that.. Prpfessor Ashok Deshpande PhD
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      1. Jay NP
        May 16, 2017 at 6:46 pm
        Good going with the present government. Keep sending this kind of raids on each and every Congress ministers. But also remember you need to prove they are corrupted as the current government got all votes with this blame game of 60 years rulers. Keep sending and show the facts to your voters. But remember if not proved you get a le for sure as your IT team has done their best to make your party rule this country. World is watching ever moment as your speaches are too good with commitments.
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        1. Vensuslaus Jesudason
          May 16, 2017 at 6:06 pm
          The CBI raid appears to be a sham. The purpose of the high-handedness is to silence P. Chidambaram, who has been a plausible critic of the central government. In genuine democracies, governments welcome comments on their performance. In India it's seemingly different. Those who criticize the government are termed anti-nationals and are taken to task so they don't express personal opinions against the Federal government. Critiques in fact give the government opportunity to initiate corrective actions. The government’s at ude does not augur well for India and its ethos.
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            Nawang Tobdan
            May 16, 2017 at 6:02 pm
            It's vendetta politics ------- there is nothing new in it------keep the memory sharp ------- / change of hate will reverse the role---------
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