Karti Chidambaram appears before ED in money laundering case probe

New Delhi | Karti Chidambaram, son of former finance minister P Chidambaram, appeared before the Enforcement Directorate (ED) on Thursday in connection with a money laundering probe against him.

Officials said Karti Chidambaram was summoned to record his statement under the Prevention of Money Laundering Act (PMLA). He arrived at the ED office in Jamnagar House in central Delhi at about 11 am.

It is understood that he would be questioned in the INX Media case, officials said. The agency has alleged that Karti received money from INX Media, 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. It registered a PMLA case in May 2017 to probe the issue.

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.

Related posts