The Enforcement Directorate on Thursday told a Delhi court that it is investigating the transfer of funds from a firm run by Karti Chidambaram to two companies based abroad. The investigation agency said it is looking into a transfer of Rs 32.91 crore to a Singapore-based firm and Rs 15.79 crore to former French tennis player Jean-Francois Caujolle.
On Wednesday, the Enforcement Directorate filed a charge sheet accusing Karti Chidambaram, the son of former Finance Minister P Chidambaram, of non-cooperation in the investigation into the Aircel-Maxis deal. P Chidambaram was not named as an accused in the chargesheet, but his name appears at several places in the document. The agency told the court that it may file a supplementary chargesheet in the case.
The investigating agency said Advantage Strategic Consultancies Private Limited transferred funds to Advantage Strategic Consulting Singapore Pvt Ltd, which in turn allowed Karti Chidambaram to use the money abroad, PTI reported.
The agency said Karti Chidambaram has not provided any information about the transfer of money to Caujolle’s firm.
The Aircel-Maxis case involves the clearances granted by the Foreign Investment Promotion Board to the firm Global Communication Holding Services Ltd for investment in Aircel in 2006. P Chidambaram was the finance minister at the time, and his son is accused of facilitating bribes. A court has granted P Chidambaram protection from arrest in the case until July 10.