Published: Sat, January 13, 2018
Sports | By Nelson Rowe

Congress terms ED raids as 'malicious vendetta' by PM Modi's Govt

Congress terms ED raids as 'malicious vendetta' by PM Modi's Govt

The Enforcement Directorate on Thursday issued fresh summons to Karti Chidambaram, son of the former Union Minister, P. Chidambaram, for recording his statement in the case of alleged irregularities in the receipt and use of foreign direct investments by INX Media.

Reacting to ED raids senior Congress leader Randeep Surjewala said, "Not surprised by the malicious vendetta being unleashed against senior Congress leaders including P Chidambaram and his son".

The searches were carried out at five locations, one in Delhi's Jor Bagh and four in Chennai.

The FIR registered by CBI against Karti Chidambaram included that Rs 3.5 crore was paid by INX Media which is promoted by Peter Mukerjea and Indrani to the companies directly and indirectly under Karti's control to influence Foreign Investment Promotion Board decision.

Addressing media persons P. Chidambaram said, "There is no FIR concerning a scheduled crime by CBI or any agency".

The former finance minister said that the ED officials searched the place "including the kitchen and the bathroom and obviously they found nothing". Officers told me that they believed that Karti was an occupant of the house. According to initial reports, the raids which are being conducted in Delhi and Chennai are in relation to the Aircel-Maxis case. "If the government or its agencies can tell we have these properties, we will execute decrees in their favour and the government can take their possession", Karti Chidambaram told a bench headed by Chief Justice Dipak Misra. Under the PMLA, it charged that Karti had "also closed certain bank accounts and attempted to close other bank accounts in order to frustrate the process of attachment".

The agency said FIPB approval in the Aircel-Maxis FDI case was granted in March, 2006 by the then finance minister 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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