Not just INX, ED sends summons to many firms that dealt with Karti Chidambaram-tied companies

One company official who received the summons told The Indian Express that the company has already appeared before the ED but has been unable to give details of what services these two firms — ASCPL and Chess — offered.

Written by Ritu Sarin | New Delhi | Updated: May 17, 2017 9:57 am
chidambaram, chidambaram raid, INX media, ed, ed raid, chidambaram news, karti chidambaram, karti raid, karti probe, chidambaram statement, CBI raid, CBI raid chidambaram, karti chidambaram, INX media, peter mukerjea, indian express news, india news Karti Chidambaram in Chennai on Tuesday. PTI photo

INX Media is one of at least 20 firms which are under the scanner for transactions with Advantage Strategic Consulting Private Limited (ASCPL) and Chess Management Services, two firms linked to Karti Chidambaram.

After searches by the Enforcement Directorate in December 2015, summons under the Prevention of Money Laundering Act (PMLA) were sent to Essar Steel Limited; VST Tillers Tractors; Diageo Scotland Limited; and the Katra Group. These related to payments they had allegedly made to the two firms, in many cases, at the time of their FIPB applications or clearances.

Read | CBI raids Chidambaram and son Karti in financial irregularities case: All that happened

These two firms sent invoices for “professional services,” or “consultancy work.” One company official who received the summons told The Indian Express that the company has already appeared before the ED but has been unable to give details of what services these two firms — ASCPL and Chess — offered.

Read | CBI raids Karti Chidambaram, alleges he got father’s ministry to clear FDI for INX media

ED officials said that they also have testimony of a Director of ASCPL that they received instructions on which companies to send the invoices to and admitted that hardly or no professional services were rendered.

Officials also said that now that an FIR has been filed in the INX case, they can push ahead on the remaining Karti Chidambaram-linked cases.

Read | Govt trying to silence my voice, will still speak, write: P Chidambaram

Copies of the PMLA summons sent by the ED to the companies show that besides details of bank accounts and annual returns, the ED has sought details of all FDI/ECB/GDRs (if any) received by the company between 2005 to 2008.

It also asked for the following: details of the consultancy received by the company during 2005 to 2008 including the name of the company/persons from whom consultancy was taken; details of payments made; copy of instruments used for payment; consultancy agreement.

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  1. K
    kulaputra kulaputra
    May 18, 2017 at 6:37 am
    Question is whether a fraud did occur ; motivation for inquiry being political vendetta is irrelevant. Just answers questions, go to jail if fraud, enjoy life if not.
    Reply
    1. J
      jasbir singh
      May 18, 2017 at 5:59 am
      phus a ray chiddu. serves you right for forcing rented property owners to pay service tax on behalf of tenant, and then providing no machinery to owner to claim from tenant. lawyers are biggest service providers in india and biggest black money generators. why they are not under service tax? just because they belong to yours and jaitlys breed? shame on you and modi has done well to you
      Reply
      1. C
        Changez Khan
        May 17, 2017 at 4:03 pm
        I like him, i will vote for u modi, modiji
        Reply
        1. V
          Vbandhu
          May 17, 2017 at 3:52 pm
          Really appreciate the officers professionalism. It shows given free hand they can do a fine job. Can't understand those asking for report on all other cases.. do they mean that in order to take action on Child's backdoor dea s, every other case be solved...? Have a nice lungi dance...
          Reply
          1. B
            B
            May 17, 2017 at 3:43 pm
            The first round of arrests under the Benami Act have already taken place, and it involves BJP members who are behind bars now. Karthi or his slimy dad, who know how to cheat will be lodged in Tihar soon. Karthi's son has 'holdings' in many companies, forced into place by his Dad, whenever he sensed an opportunity to make some money, using government position. No way any of these crooks should get away.
            Reply
            1. H
              Hilary Pais
              May 17, 2017 at 3:23 pm
              Charges are clear and specific. Bribes were taken by Karti firms for FIPB clearances by 'father dear father'. Thanks to Subhramaniam Swamy for pursuing these cases even as the CBI and ED were on the go slow mode.
              Reply
              1. D
                Damodar Biswal
                May 17, 2017 at 3:10 pm
                If junior Chidambaram has done nothing wrong,he should sit tight n cooperate with the investigators.The raid relates to corruption n one should not call it political vendetta.
                Reply
                1. I
                  Ivan
                  May 17, 2017 at 2:45 pm
                  In the end the CBI and ED are all smoke and gas. Nothing will come of the charges. Or they will get their man a slap on the wrist for the equivalent of a parking ticket. Maxis is owned by the Malaysian Indian billionaire, Ananda Krishnan. Do you think he doesn't know how business is conducted in India? BTW what happened to inquiry on the Gujarat massacres? Or the the multi-billion crore scam off the gasfields of Gujarat. Nothing to see I suppose since it involves the Gujju mafia.
                  Reply
                  1. B
                    B
                    May 17, 2017 at 3:42 pm
                    The Gujarat case was over a long time ago, when many like you were sleeping perhaps. The government doing its job is not mafia. The government NOT doing its job is the work of mafia, like the clowns you are supporting.
                    Reply
                  2. E
                    Egg Head
                    May 17, 2017 at 1:00 pm
                    What is the progress in multiple survey operations conducted by IT Dept. on premises of businesses & firms related to Anand Kumar brother of Mayawati, that took place last month. Any progress? What is the progress in Rs. 6000 Crore synthetic drug scam from Punjab, being looked after by ED for the past more than 2 years. As the race for the post of First Citizen in India hots up, will any concrete result materialize in raids being conducted on Lalu (by IT) & Chidambarams' homes by the 'CAGED PARROT'? Are the calculations for July 2017 election for President going awry!? Will successful prosecution take place in such cases?
                    Reply
                    1. C
                      Chandu Shah
                      May 17, 2017 at 12:48 pm
                      All congis including Surajwala Schndhia Pilot Digi are embarrassing to the party
                      Reply
                      1. M
                        Mohan
                        May 17, 2017 at 12:35 pm
                        During the raj of MAA AUR BETA ......on the sidelines a BAAP AUR BETA TANGO ! Wah ! Kya governance !
                        Reply
                        1. A
                          Aadarsh
                          May 17, 2017 at 12:30 pm
                          CBI new caged parrat of BJP. POLITICS OF REVENGE by ever petty Amit Shah and Modi. To add to a commentator's point, what about the land grabbed by Amit Shah amd his policemen squad in Ahmedabad? No investigations?
                          Reply
                          1. B
                            B
                            May 17, 2017 at 3:45 pm
                            Why don't you complain? Start a PIL. It is open to all, not just government officials or politicians in power.
                            Reply
                          2. P
                            P d amarnath
                            May 17, 2017 at 12:29 pm
                            Mr.Chidambaram has already become irrelevant to the Congress party and to the nation. He is just kept in the party as an ornamental piece by the side of manmohan Singh Government or public never bother about what he writes in the newspaper. After all, it is childish if chidambaram feels his writings will bring any change in the society.
                            Reply
                            1. C
                              Chandu Shah
                              May 17, 2017 at 12:55 pm
                              If likes of mamta lalu Kejri are trying to make alliance with congress that will be the biggest joke of the year. They will never be able to defeat BJP and that really will be an embarrassment
                              Reply
                              1. E
                                Egg Head
                                May 17, 2017 at 1:01 pm
                                Save for the family, is any other person relevant?
                                Reply
                                1. B
                                  B
                                  May 17, 2017 at 3:45 pm
                                  Erm... nope.
                              2. A
                                Atulya
                                May 17, 2017 at 12:25 pm
                                Indian Express the pioneer of Journalism and Courage is craw when asked to bend BUT this time craw behind BJP for money and power.
                                Reply
                                1. A
                                  Atulya
                                  May 17, 2017 at 12:23 pm
                                  What about Panama Papers? What about Amit Shah driving someone to suicide? What about snooping scandal? What about gang rape by BJP mantria in Kutch Gujarat? What about Nitin Patel's son creating ruckus at Ahmedabad airport in drunken state? What about Gujarat that claims to be the initiator of non corrupt govt offices not having a Lokayukta to date? What about Gujarat govt, police employees caught everyday in Gujarat for accepting bribes (Do not forget one case of revenue officers in Kutch next day after PM announced demonitisation)? What about sold media houses in Gujarat that never print news against or where BJP mantris are involved? What about the covered up and compromised CBI investigation of Amit Shah and his encounter gang? What about Modi getting a clean chit in every Gujarat riot or selfie case by corrupt police officers? If you have any shame and concience print such news too.
                                  Reply
                                  1. M
                                    Mohan
                                    May 17, 2017 at 12:37 pm
                                    If you are sure of yourself file a case like Dr Swamy did in the case of National Herald
                                    Reply
                                    1. E
                                      Egg Head
                                      May 17, 2017 at 1:04 pm
                                      We Indians pay oblations to the rising sun (except on CHATH). 'UGTE HUE SURYA KO ARGHYA DIYA JAATA HAI).
                                    2. B
                                      B
                                      May 17, 2017 at 3:46 pm
                                      All you geniuses who have inside information don't do the first thing about it - complaining officially. What are you doing with such sensitive info? Cooking?
                                      Reply
                                    3. S
                                      Sudarshan Nityananda
                                      May 17, 2017 at 12:17 pm
                                      While probing Karti, Virbhadra, MPs from Bengal and Lalu , the CBi would do its image a lot of good if they can also show similar firm action against Dushyant Singh in the LaMo investment case and against the BJP party members who were caught spying for the ISI in MP. Till then, the CBI only looks like personal hitmen of Mr Modi and Mr Amit Shah.
                                      Reply
                                      1. A
                                        Aadarsh
                                        May 17, 2017 at 12:31 pm
                                        Correct CBI is acting as a personal secretary to Modi and Shah taking dictations and doing exactly what they are asking them to do. And these same morons Modi and Shah called CBI caged parrot of Congress earlier. Facepalm
                                        Reply
                                        1. E
                                          Egg Head
                                          May 17, 2017 at 1:06 pm
                                          What else is expected from a 'Caged Parrot'- The stigma is still with it.
                                      2. V
                                        vasudevan
                                        May 17, 2017 at 10:27 am
                                        What about copies of reports which they should have received for making such hefty payments. The ED should ask for a copy of the same.The details of the persons who gave the reports, either as employee fromAdvantage Strategic Consulting Private Limited (ASCPL) and Chess Management Services. What were the ries paid to those employees , etc. If these two companies had outsourced the same, what were the professional charges paid by these to companies to their outsourced firms.
                                        Reply
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