Karti Chidambaram, accused in INX Media money laundering case, returns from London

The CBI has filed an FIR against Karti Chidambaram alleging that he had accepted bribe from the INX Media, owned by Indrani and Peter Mukerjea, to help them evade a tax probe when P Chidambaram was finance minister.

By: Express Web Desk | New Delhi | Updated: June 1, 2017 11:47 am
karti chidambaram, p chidambaram, cbi raids, Karti chidambaram CBI raid, inx media, peter mukherjea, indrani mukherjea, chidambaram cbi raids, india news, indian express news Finance Minister P Chidambaram’s son Karti Chidambaram (Source: File)

Karti Chidambaram, who is facing money laundering cases, has returned to Delhi after a trip to London early Thursday morning, PTI has reported.  His father P Chidambaram had claimed that the trip, which came two days after the CBI carried out searches at Karti’s premsies, was a scheduled one and that he would return soon. “Karti is travelling as per earlier travel plans. He will return after a few days. There is no ban on his travel,” the former union finance minister had said. Karti arrived in Delhi around 4 am.

The CBI has filed an FIR against Karti Chidambaram alleging that he had accepted bribe from the INX Media, owned by Indrani and Peter Mukerjea, to help them evade a tax probe when P Chidambaram was finance minister.  The company is facing a tax investigation for violation of the rule and conditions of Foreign Investment Promotion Board (FIPB)  for one of their ventures in Mauritius. The CBI has charged the Mukerjeas and Karti of conspiracy, cheating, receiving illegal gratification, influencing public servants and criminal misconduct. Following the FIR, the investigating agency had on May 16 searched the homes and offices of Karti Chidambaram.

In more trouble for the Chidambarams, the Enforcement Directorate, too, has registered a case under the provisions of the Prevention of Money Laundering Act (PMLA) against  Karti Chidamabaram, a day after he reached London.

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