Another Political Drama Against Opposition From Rural Party:- Twitter Laugh

Another Political Drama Against Opposition From Rural Party:- Twitter Laugh
Another Political Drama Against Opposition From Rural Party:- Twitter Laugh

Congress leader Karti Chidambaram was on Wednesday arrested by the CBI from Chennai for violating the Foreign Exchange Management Act (FEMA).

The national investigative agency has alleged that Karti received money from INX Media for using his influence to manipulate a tax probe against it in a case of violation of Foreign Investment Promotion Board conditions to receive investment from Mauritius. The CBI has said that it also seized vouchers of Rs 10 lakh which were allegedly paid for the services.

Last week, Karti, a son of Congress leader P Chidambaram, moved the Supreme Court ( SC ) seeking a stay on the Enforcement Directorate’s ( ED ) summons against him in the INX Media case.

He reportedly told the ED that he was appearing before the agency “under protest”. He was first grilled by the agency on January 18.

The ED had earlier summoned Karti on February 2 after which he informed them he would be unable to depose as he had an interlocutory application pending in the Supreme Court in this case.

The central probe agency had registered the case against Karti and others in May last year.

It had registered an Enforcement Case Information Report (ECIR), the ED’s equivalent of a police FIR, against the accused named in a CBI complaint, including Karti Chidambaram, INX Media and its directors — Peter and Indrani Mukerjea

The CBI FIR was made out against Karti, his company Chess Management Services, the Mukerjeas (currently in jail on charges of murder of their daughter Sheena Bora), INX Media, Advantage Strategic Consulting Services and its director Padma Vishwanathan.


Karti P. Chidambaram Background

  • Karti P. Chidambaram is an Indian politician and businessman. He is a member of the Indian National Congress Party and the All India Congress Committee.
  • In 2015-16, the New Indian Express and other newspapers uncovered his hidden ownership of a sprawling international network of companies. Government agencies have been investigating those companies’ financing and transactions as part of an extensive corruption probe.
  • Karti Chidambaram refuted these allegations by stating that the government can seize any undisclosed asset if it were to find any. P Chidambaram also protested the allegations set forth by CBI and asked the agency to provide any proof of undisclosed assets.



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