Karti Chidambaram arrested, to be presented before Delhi Court

Published on 28 Feb 2018 by Tushar

Karti Chidambaram was arrested on Wednesday morning by the CBI in connection with a money laundering case against INX Media. The son of former finance minister and senior Congress leader P Chidambaram,

Karti was interrogated by authorities at Chennai Airport after landing from London. The development comes a day after Karti’s chartered accountant S Bhaskararaman was sent to judicial custody for 14 days.

Karti, who was brought to Delhi today, is named in a case which relates to Foreign Investment Promotion Board (FIPB) approval granted in 2007 for receipt of funds by INX Media when his father and senior Congress leader P Chidambaram was the Union finance minister. P Chidambaram and Karti have denied allegations in the CBI’s FIR against the latter.

Source- Financial Express



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