The Enforcement Directorate on Monday attached the assets and bank accounts of former Finance Minister P Chidambaram’s son Karti Chidambaram in connection with the Aircel-Maxis case, ANI reported. It has also attached his fixed deposits worth Rs 90 lakh.
The case relates to a clearance by the Foreign Investment Promotion Board to the Aircel-Maxis deal in 2006 when P Chidambaram was the finance minister. Karti Chidambaram is accused of facilitating bribes in the Aircel-Maxis transaction.
The enforcement agency had found during its investigation that the FIPB approval was given by the minister against his tenure. It had also said that the amount for FIPB approval was wrongly projected to conceal facts.
In response, P Chidambaram called the allegations a “crazy mixture of falsehoods and conjectures”, and said they were meant to intimidate and silence him.
Limited-time offer: Big stories, small price. Keep independent media alive. Become a Scroll member today!
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!