Karti Chidambaram appears before CBI in graft case

The agency wanted to examine Chidambaram junior in a case related to Foreign Investment Promotion Board clearance given to the INX Media for allegedly receiving funds from Mauritius.

Published: 23rd August 2017 12:04 PM  |   Last Updated: 23rd August 2017 12:04 PM   |  A+A-

Kati Chidambaram at the CBI office in New Delhi. (EPS | Shekhar Yadav)

By IANS

NEW DELHI: Karti Chidambaram, son of former Finance Minister P. Chidambaram, on Wednesday appeared for questioning before the CBI in a matter related to alleged irregularities in FIPB clearance to INX Media in 2007.

He arrived at the Central Bureau of Investigation headquarters in Lodhi Road here a little after 10 a.m.

On August 18, the Supreme Court had directed the former Finance Minister's son to appear before the investigating agency.

The agency wanted to examine Chidambaram junior in a case related to Foreign Investment Promotion Board (FIPB) clearance given to the INX Media for allegedly receiving funds from Mauritius when his father was in office.

On May 15, the CBI had registered an FIR against Chidambaram junior on charges of criminal conspiracy, cheating, accepting gratification by corrupt or illegal means, influencing public servants and criminal misconduct.

Karti is said to have received Rs 3.5 crore from the Mumbai-based INX media, now 9X Media, for helping it in getting the FIPB clearance when it was run by Peter and Indrani Mukherjea, both accused in the Sheena Bora murder case.

The FIR does not mention the name of Chidambaram senior, though it said he cleared the FIPB approval for Rs 4.62 crore Foreign Direct Investment (FDI) in the FIPB meeting on May 18, 2007.

Earlier, the CBI had issued three notices to Chidambaram junior, but he did not depose before the probe agency.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp