The Enforcement Directorate on Wednesday summoned former Union minister P Chidambaram to its headquaters in New Delhi for questioning in the INX Media case, NDTV reported. Last month, the Delhi High Court extended till January 15 the interim protection from arrest granted to Chidambaram.
In May 2017, the Enforcement Directorate filed a money laundering case against Karti Chidambaram, INX Media and its directors Indrani Mukerjea and Peter Mukerjea. Karti Chidambaram’s company allegedly received Rs 10 lakh from INX Media – which had got clearance from the Foreign Exchange Promotion Board for Rs 4 crore in foreign funding, when in fact it had got Rs 305 crore in 2007. P Chidambaram was the finance minister in the Congress-led United Progressive Alliance government at the time.
Investigators have toldthe court that the money was paid to Karti Chidambaram in return for ensuring that the company does not face any punitive action. Karti Chidambaram has repeatedly denied any wrongdoing.
You’ve read Scroll.
Now help sustain it
Scroll is funded by readers, not corporate owners. If you believe our work matters, support our newsroom. Become a member today!
We’re not driven by clicks or corporate interests – just honest, independent reporting. Keep us going. Support Scroll today!