P Chidambaram’s son, Karti Chidambaram has been arrested by the CBI in money laundering case at the Chennai Airport. The CBI had filed a case against him after the Enforcement Directorate had alleged the presence of irregularities in granting foreign direct investment clearance toward a media company named INX Media. The amount of money that has been laundered is 300 crores. Initially, the case that had registered against him alleged that he had recieved on 10 Lakhs, but the CBI clarified that the amount was significantly bigger than what had been speculated. Karti was taken into custody the moment he landed at the Chennai Airport; he had come from a trip to London.
As expected the Chidambaram family has vehemently denied the allegations against Karti and claimed that it is a result of political revenge. A case had already been filed against Karti last year, in May. This is a separate case.
According to the CBI, Karti recieved money to avoid a tax probe. INX firm had been owned by Peter and Indrani Mukerjea, who are serving time in jail and pending murder case against their own daughter, Sheena Bora. About the arrest, the Congress party has said that this is a “classic diversionary tactic of the government to hide their own corrupt governance model that is being exposed on a daily basis– be it Nirav Modi, Mehul Choksi, Dwarka Das Seth Jewellers.”
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