ED searches Karti's premises, Chidambaram calls it comedy of errors

Comedy Of Errors' Says P Chidambaram After Raids At His Chennai Delhi Homes

Aircel-Maxis case P Chidambaram and son Karti Chidambaram were not in Chennai when the raids occurred

Enforcement Directorate on Saturday raided at Karti Chidambaram's properties in New Delhi and Chennai.

"Hurriedly conducted Enforcement Directorate's (ED) raids at the Delhi and Chennai residences of former Finance Minister and senior Congress leader, P. Chidambaram have once again exposed the continuing vicious vendetta unleashed by Modi government against Congress and other opposition leaders".

The ED also issued fresh summons to Karti, and has asked him to appear before it on 16 January, Zee News reported. In the INX Media case, Karti's firms accepted "5 crore as bribe from INX Media promoters and murder accused Peter and Indrani Mukherjeas, ED officials claimed". According to sources, the ED officials reached there at 7.30 a.m. The case investigating being investigated by the CBI as well.

P Chidambaram denied that ED has any valid case under the Prevention of Money Laundering Act as the CBI FIR in the case has been quashed by the courts.

"They raided three times my Chennai home and got nothing", he said without taking any questions from media. There is no FIR against me or my son in the Aircel-Maxis case.

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It is said that the Foreign Investment Promotion Board FIPB in 2006 granted approval for the Aircel-Maxis telecom deal when Mr Chidambaram was the finance minister. "The ED has no jurisdiction to investigate under PMLA", he said.

The central probe agency had, on December 1 past year, conducted similar searches on the premises of a relative of Karti and others in this case. "Our resolve to raise people's issues and hold the government and Prime Minister accountable on policy and promises become stronger with such spiteful and hostile onslaught to suppress the voice of Opposition", Surjewala said.

The ED also alleged that Karti has disposed of a property in Gurgaon, which he had allegedly rented out to a multinational company to whom FDI approval had been granted in 2013.

It was alleged that Karti received Rs 3.5 crore for assisting INX media in getting FIPB approval. During that period his father P Chidambaram was the Union Finance Minister. Chidambaram, as the then FM, had granted the FDI approval to Aircel-Maxis on March 13, 2006 even though he had power only to grant approval to FDIs of up to Rs 600 crore.

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