Thursday, 1 March 2018

CBI Arrests Karti Chidambaram

 CBI arrested Karti Chidambaram, son of former Finance Minister P. Chidambaran, in INX Money laundering case. He was arrested in Chennai and taken to New Delhi. He was later produced in Patiala House Court, Delhi which remanded him to one day police custody.

The CBI had registered an FIR on May 15 last year against alleged irregularities in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was the Union finance minister. It is alleged that Karti had received funds to the tune of Rs 10 lakh in the case.