Karti Chidambaram faces the heat of ED, 3 charges levelled against him

| Wednesday, March 2, 2016 - 21:46
First Published |
Karti Chidambaram, P. Chidambaram

Karti Chidambaram faces the heat of ED

New Delhi: Row over Karti Chidambaram is refusing to die-down.  On Tuesday, AIADMK members disrupted proceedings in both houses of parliament demanding action against P.Chidambaram’s son Karti on the Aircel-Maxis issue.

Rajya Sabha chairman P.Kurien said to AIADMK, “You can approach the government for appropriate action”. Kurien termed the incident as murder of democracy.

(Also read: Insight with Rahul Shivshankar: Will India accept Karti's dare?)

Congress hit back at the government accusing it of using news plant to divert attention from the JNU row and the Rohith Vemula issue.

Karti has denied all the allegations made against him, which made the ruckus in the Rajya Sabha on Wednesday and said that he has got all the documents with him. 

Karti, on his part has clarified that he was not involved in any wrongdoing.   But there are 3 charges levelled against him.

Charge 1:  Impropriety

Charge 2:  money laundering

Charge 3:   Illegal foreign investments

While addressing to media, Karti said, “All my businesses are completely complied. All filings are up-to-date. All statutory, regulatory files are completely up-to-date. It’s all I have to say”.

Enforcement Directorate (ED) will also contact firms in 14 countries to get details on money transactions made by Karti. Karti reportedly had business deals in 14 countries between 2006-2014.

Early in the morning, ED had raided cough up mega international empire built by him.  Several transactions were made by Karti’s advantage strategic consulting firm in Singapore.  

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Dr MMS, former PM, told all his colleagues to declare assets of his ministers and their family. Whether these deals have been disclosed by PC?

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