Aircel-Maxis case: Enforcement Directorate attaches Karti Chidambaram’s assets, bank accounts
It also seized his fixed deposits worth Rs 90 lakh.
The Enforcement Directorate on Monday attached the assets and bank accounts of former Finance Minister P Chidambaram’s son Karti Chidambaram in connection with the Aircel-Maxis case, ANI reported. It has also attached his fixed deposits worth Rs 90 lakh.
The case relates to a clearance by the Foreign Investment Promotion Board to the Aircel-Maxis deal in 2006 when P Chidambaram was the finance minister. Karti Chidambaram is accused of facilitating bribes in the Aircel-Maxis transaction.
The enforcement agency had found during its investigation that the FIPB approval was given by the minister against his tenure. It had also said that the amount for FIPB approval was wrongly projected to conceal facts.
In response, P Chidambaram called the allegations a “crazy mixture of falsehoods and conjectures”, and said they were meant to intimidate and silence him.
ED found, Co. promoted by Karti & P Chidambaram's nephew allegedly received 2 lakh dollars from Maxis Group in guise of software consultancy
— ANI (@ANI) September 25, 2017
During investigation ED found that FIPB approval given in Aircel Maxis case was given by Former FM P Chidambaram beyond his mandate.
— ANI (@ANI) September 25, 2017
As and when the Attachment Order is served, suitable action will be taken in accordance with law- P Chidambaram
— ANI (@ANI) September 25, 2017
The allegations in the Press note(ED) are a crazy mixture of falsehoods and conjectures: P Chidambaram
— ANI (@ANI) September 25, 2017
#FLASH: Enforcement Directorate attaches assets, bank accounts, FDs worth Rs. 90 lakh of Karti Chidambaram, in Aircel Maxis case
— ANI (@ANI) September 25, 2017
