CBI Arrests Karti Chidambaram At Chennai Airport For INX Money Laundering Case

Karti Chidambaram, son of former Finance Minister P Chidambaram, was arrested today by the Central Bureau of Investigation (CBI) in connection with a money laundering case. He was arrested at the Chennai International Airport after he flew back to India from London, reported NDTV. He was being questioned in the Chennai airport and would be produced in Delhi by 4 pm.

Karti Chidambaram has been accused in the INX Media and Aircel-Maxis money laundering cases. He is accused of receiving Rs 10 lakh from INX Media, in exchange for arranging Foreign Investment Promotion Board (FIPB) clearance. “Karti ‘used’ his influence to manipulate a tax probe against INX Media in a case of violation of FIPB conditions to receive investment from Mauritius,” the CBI had said, as reported by Firstpost.

What led to his arrest?

The Central probe agency had registered a complaint against Karti Chidambaram last year in May. In the same INX media money laundering case, names of Indrani Mukherjee and Peter Mukherjee were also mentioned.

On January 13, the Enforcement Directorate (ED) conducted a search at P Chidambaram’s residence and found a confidential CBI report. The report was produced in the Supreme Court in 2013 in connection with the Aircel-Maxis case. The copy found at Chidambaram’s residence was sealed and unsigned which means it was leaked.

Last week, Karti moved the Supreme Court seeking a stay on the ED’s summons against him in the INX Media case, reported The Times of India.

Congress claims political conspiracy

The Congress today said Karti’s arrest is a “classic diversionary tactic” of the Modi government.

“Classic diversionary tactic of the Modi government to hide their own corrupt governance model that is being exposed on a daily basis – be it Nirav Modi, Mehul Choksi, Dwarka Das Seth Jewellers. The BJP govt continues it’s vendetta and vindictive politics to target opponents. however, it will not stop the Congress from bringing the truth out to the people,” said the Congress, according to The Times of India.

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