Karti Chidambaram (Express Photo)
The CBI on Sunday took Karti Chidambaram to Mumbai’s Byculla jail, where he is now being confronted with Indrani Mukerjea, former co-owner of INX Media, for further investigation. Indrani and Peter Mukerjea, who are currently lodged in Byculla jail, are awaiting trial for allegedly killing Sheena Bora. A Delhi sessions court on Thursday sent Karti, son of former finance minister P Chidambaram, to 5-day CBI custody. Karti, who was arrested from Chennai airport on Wednesday, will be produced before the court again on March 6. According to CBI, Karti helped INX Media get FDI clearance from Foreign Investment Promotion Board when his father was the finance minister in the UPA government.
Meanwhile, according to a report, CBI and ED may open more cases against him following the discovery of documents which show a company’s alleged involvement with him in getting an approval of some commercial entities. The investigation revealed that Advantage Strategic Consulting Private Ltd (ASCPL), a company indirectly controlled by Karti received payments from at least two more companies for applying for permission with the FIPB to bring foreign investment.
INX Media case LIVE UPDATES:
- Mar 4, 2018 at 1:47 pmI call P. Chidu a pervert intellect as he has created circumstances for his son Karti to go a wrong way. What a lowly father? Even Ravana got lowly acts done by others and not by his sons.Reply
R BalasubramanianMar 4, 2018 at 12:35 pmHis father was running to avoid Media in Delhi during court proceedings, He is now writing article in this paid media masking his misdeeds with his son, what credibility he has ( I know he is thick skinned and soaked in corrputio) to wrtie about Governance when his own UPA was enocuraging all scams and looting the country using him as the henchman, otherwise he would not have been the key finance portfolio by dynasty, he has cut to the dynasty. He should be banned from writing till his/his son are cleared of money laundering and other charges. oh it i wishful thinking, paid media gets money from these looters and it will never stopReply- Mar 4, 2018 at 2:47 pmAnd you cannot Comment on his cooked up garbage article (Across the aisle)... IE has disabled it i guess.... :-)Reply
- Asokan AndyMar 4, 2018 at 10:38 amgood move ..Reply
- Mar 4, 2018 at 9:21 amHa. IE has disabled comments for Karti's daddy's articles. To be fair, poor Chiddu is probably worried about his criminal son going to jail. He doesn't need people in the comment section reminding him that he a brainless, corrupt, dynasty bootlicker.Reply
- Mar 4, 2018 at 8:57 amAs they say, the apple doesn't fall far from the tree. He's a thief just like his shameless father.Reply
- Mar 4, 2018 at 1:58 pmRajesh, let me correct you. P.Chidu the father has sent Indrani and P Mukherji to Karti. Even the devils did not courrupt their own children in Ravan's regime.Reply
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CBI brings Karti Chidambaram at Byculla jail, Mumbai. He will be brought face-to-face with Indrani Mukerjea and Peter Mukerjea separately, former co-owners of INX Media, who were arrested in the Sheena Bora murder case,
CBI brings Karti Chidambaram to Mumbai in connection with the INX Media case probed by the agency. Visuals from Mumbai airport
CBI will bring Karti Chidambaram face-to-face with Indrani Mukerjea and Peter Mukerjea separately.
In Mumbai, Karti Chidambaram will be confronted with Indrani Mukerjea, the co-founder of INX Media. According to CBI, Karti helped INX Media get FDI clearance from Foreign Investment Promotion Board when his father was the finance minister in the UPA government. Investigation agencies said the arrest of Karti Chidambaram followed a statement by accused Indrani Mukerjea in which she had alleged that P Chidambaram, while he was Union Finance Minister, had asked her and her husband Peter Mukerjea to help his son’s business.
CBI filed FIR on May 15, 2017, against Karti Chidambaram on the alleged irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007. In return of the services, the investigating agency alleged that Karti Chidambaram got a payment of Rs 10 lakh through Advantage Strategic Consulting, a company indirectly controlled by him. The investigating agency also claimed that various companies allegedly associated with Karti also received vouchers of payments of Rs 3.5 crore from INX Media, which is owned by Indrani Mukerjea and Peter Mukherjea. CBI, in its report, claimed INX Media’s FDI proposal as “deceitful and fallacious” which was approved by the then Finance Minister P Chidambaram.
Senior advocate and Congress leader Abhishek Mani Singhvi represents Karti Chidambaram at the court.
Karti's 'Swiggy' demand
According to a report, in the custody, Karti Chidambaram requested for home cooked food. But when the court denied it, Karti requested to get order from Swiggy or Zomato