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Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport
Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport

Central Bureau of Investigation (CBI) arrested Karti Chidambaram, son of former Home Minister P. Chidambaram, from Chennai airport on Wednesday morning in the ISX Money Laundering case. Earlier, Karti’s chartered accountant S.Bhaskar Raman arrest on February 6 from a five-star hotel in Delhi.

 

The National Investigation Agency alleged that Karti used money from the INX media using his influence to manipulate the tax investigation in case of a violation of the conditions of the Foreign Investment Promotion Board in the investment from Mauritius. The CBI has also said that it has seized the vouchers of Rs 10 lakh which was given in exchange for the service.

Congress targets BJP

After the arrest of Karti Chidambaram, the Congress directly targets the Central Government and has called it a distraction policy. The Congress said, “This is the biggest example of the Modi government’s wandering in order to hide its corrupt governmental model which is exposed day-by-day, Whether it is Neerav Modi, Mehul choksi or Dwarka Das Seth Jewelers. The BJP government is constantly pursuing retaliation politics to target its opponents. However, this move will not prevent the Congress from bringing the truth to the public.

 

What is the matter with Aircel Maxis?

Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport
Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport

In the case of Aircel Maxis deal, Karti alleged to have got a wrong approval of the Foreign Investment Promotion Board (FIPB). The role of P Chidambaram is also examining, In fact, P Chidambaram was financed, minister. In 2006, he had approved the $ 80 million (Rs 5206 crore) Aircel-Maxis deal, while he had the right to approve a deal worth 600 crores.Cabinet Committee on Economic Affairs (CCEA) approval approve, for approval of investment above Rs 3500 crores but did not do it. Chidambaram, on behalf of Malaysian company Maxis, agreed to accept 100 percent stake in Aircel, There are allegations of irregularities.

 

The raid has also done at the locations of Karti Chidambaram

Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport
Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport

ED had raided Karti Chidambaram’s locations in Delhi and Chennai this month. In 2007, ED had issued summons to Karti Chidambaram due to irregularities in Foreign Investment for INX Media. CBI is investigating this matter separately. In this case, Indrani and Peter Mukherjee, who was the owner of the INX media, have also been under investigation.

 

What is the matter, what is the charge on Karti?

Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport
Karti Chidambaram accused in INX media case, arrested by CBI on Chennai airport
  • This case of money laundering connects to the INX Media Company. It was Indrani Mukherjee, the accused of the murder of Sheena Bora director.
  • Karti has alleged that he got the approval of the Furnace Investment Promotion Board incorrectly for INX Media.
  • In return, he took a bribe of 5 crores from INX Media. At that time P Chidambaram was the finance minister.
  • It allege that Karti uses his father’s status in helping Indrani.
  • This case is for 2006-07. In this regard, case registers on May 15 last year.

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