Aircel-Maxis case: Enforcement Directorate raids Chidambaram's house

Live Breaking News January 13

Live Breaking News January 13

The Enforcement Directorate (ED) today conducted searches at ten premises linked to Karti Chidambaram, including the residence of his father and Congress leader P Chidambaram in Delhi, in connection with its money laundering probe in the Aircel-Maxis case.

"It was a raid conducted under the provisions of PMLA", said Arun Natrajan. "From the Delhi residence, they've collected 39 blue sheets, which are statements made by the government in Parliament between 2012 and 2013, and the background papers of the statement", Chidambaram said. Also, the INX media owners Peter and Indrani are charged with the murder of their daughter Sheen Bora who bribes Chidambaram son Karti in 2007 for violating the approval FIPB.

The ECIR was filed a complaint under the provisions of the Prevention of Money Laundering Act (PMLA). Nothing was found, nothing was seized. According to initial reports, the raids which are being conducted in Delhi and Chennai are in relation to the Aircel-Maxis case. "We have been asked to appear before the directorate on 30 January".

The Congress, too, was critical of the action against its senior leader and termed the ED raids "a malicious vendetta" by PM Narendra Modi and his government against senior Congress leaders.

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The central probe agency had registered a case against him and others in May this year.

In May 2017, CBI registered a case against Karti Chidambaram the son of former Finance Minister P. Chidambaram in the connection with a corruption case and involved in the alleged misuse of foreign funds by INX media.

During investigation, it was found that a company promoted by Karti and A. Palaniappan, a nephew of Chidambaram, allegedly received $2 lakh from Maxis Group in the guise of software consultancy. The agency said FIPB approval was granted in March, 2006 by the then FM even though he was competent to accord approval on project proposals only up to Rs 600 crore and beyond that it required the approval of the Cabinet Committee on Economic Affairs (CCEA).

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