CBI RAIDED THE RESIDENCE OF FORMER UNION MINISTER P. CHIDAMBARAM & HIS SON KARTI IN CHENNAI :

Officials from the Central Bureau of Investigation (CBI) raided the residence of former union minister P. Chidambaram and his son Karti in Chennai on Tuesday morning. It is known that the raid may be followed in his native place Karaikudi also. According to an IANS report, the early morning raids at the former Finance and Home Minister’s residence were conducted in connection with Foreign Investment Promotion Board (FIPB) clearances given to INX Media (now called 9X Media) when it was run by Peter and Indrani Mukherjea, and Chidambaram was then the Finance Minister. Separate Central Bureau of Investigation (CBI) teams conducted searches at more than ten places in Tamil Nadu, besides carrying out over a dozen raids in Delhi, Mumbai and Haryana’s Gurugram. The agency’s move comes a day after it filed an FIR against Karti Chidambaram and Indrani Mukherjea in the case. The Enforcement Directorate (ED) has been probing the involvement of Karti Chidambaram’s company for alleged foreign exchange violations. The senior Congress leader and former union minister lashed out at the Centre, accusing it of using national agencies to target his son. “FIPB approval is granted in hundreds of cases. The five Secretaries who constitute the FIPB, the officials of the FIPB Secretariat and the competent authority in each case are the public officials. There is no allegation against any of them. There is no allegation against me,” he said in a statement. Karti, who is facing money laundering charges in connection with the Aircel-Maxis deal, has been raided at his offices in the past as well. ANI : 16th. May,17

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