ED attachment a 'crazy mix of falsehoods': P Chidambaram

Press Trust of India  |  New Delhi 

Former minister P Chidambaram today called the ED action against his son and a firm as "a crazy mixture of falsehoods and conjectures".

"I will not be intimidated," the senior leader said in a statement issued after an ED order attaching assets of Karti and the firm under anti-money laundering laws.


Chidambaram said that the (ED) press note is "intended to intimidate me and to silence my voice."

"The allegations in the press note are a crazy mixture of falsehoods and conjectures," he said.

"I have read the press note released by the Enforcement Directorate. It cleverly skirts the issue of jurisdiction of the ED when the only charge sheet filed in the case (Aircel-Maxis) has been quashed by the special judge," Chidambaram said.

He said that as and when the attachment order is served, "suitable action will be taken in accordance with "

Chidambaram said that the Foreign Investment Promotion Board (FIPB) officials, who were examined by the CBI, have affirmed that the FIPB, consisting of secretaries to the Indian government, correctly approved and recommended the case and placed the minutes before the Minister (who was the competent authority) for approval.

"Approval was granted in the normal course," he said.

The ED today attached assets worth Rs 1.16 crore of Karti Chidambaram and the firm allegedly linked to him in connection with its money laundering probe in the Aircel-Maxis deal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 25 2017. 16:57 IST