Journalism of Courage
Premium

ED’s allegations against Karti intended to intimidate, silence my voice: P Chidambaram

The ED attached assets worth Rs 1.16 crore of Karti Chidambaram, son of former finance minister P Chidambaram, and a firm allegedly linked to him in connection with its money laundering probe in the Aircel-Maxis deal.

2 min read
Myanmar border, NSCN(K), surgical strike, Indian army, Chidambaram, Congress , BJP, India news, latest news, indian express Former Finance Minister P Chidambaram (Source: PTI)
Advertisement

Hours after the Enforcement Directorate attached assets to the tune of Rs 1.16 crore of Karti Chidambaram in connection with its money laundering probe in the Aircel-Maxis deal, his father and former finance minister P Chidambaram on Monday said allegations in the ED press note are a “crazy mixture of falsehoods and conjectures”.

“The allegations in the Press Note are a crazy mixture of falsehoods and conjectures. The Press Note is intended to intimidate me and to silence my voice. I will not be intimidated,” said Chidambaram. The senior Congress leader also said suitable action will be taken in accordance with law when the attachment order is served.

Chidambaram also accused the central probe agency of “cleverly skirting the issue of jurisdiction of the ED when the only charge sheet filed in the case has been quashed by the Special Judge.”

READ: Karti Chidambaram went abroad, closed many accounts: CBI to SC

Earlier in the day, the ED said it has issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) attaching assets “of Karti in the form of fixed deposits and balance in saving bank account to the tune of Rs 90 lakh approximately.” The agency also attached a firm allegedly linked to Karti and said it was “controlled” by him via another person.

Chidambaram said that the Foreign Investment Promotion Board (FIPB) officials, who were examined by the CBI, have affirmed that the FIPB, consisting of secretaries to the Indian government, correctly approved and recommended the case and placed the minutes before the Finance Minister (who was the competent authority) for approval. “Approval was granted in the normal course,” he said.

ALSO READ: ED attaches Karti Chidambaram’s assets worth Rs 1.16 crore in Aircel-Maxis case

Story continues below this ad

At present, the ED agency is investigating the Aircel-Maxis deal after taking cognisance of a CBI FIR in the case.

From the homepage

Stay updated with the latest - Click here to follow us on Instagram

Tags:
  • Karti Chidambaram P Chidamabaram
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
Follow Live UpdatesNepal PM Oli resigns amid anti-corruption protests
X