Jan Man: CBI arrests Karti Chidambaram in connection with INX money laundering case
ABP News Bureau | 28 Feb 2018 10:15 PM (IST)
arti Chidambaram, son of former Finance Minister P Chidambaram, was today arrested by the CBI in connection with its probe in the INX media case, officials here said.
Karti was taken into custody by a team of CBI officials at the Chennai airport on his return from the United Kingdom, they said.
After completing necessary formalities, the 46-year-old Karti was put on a domestic flight to the national capital where he would be produced before a designated court in the late afternoon.
The agency had summoned Karti for questioning earlier but he had sought stay orders from various courts
An FIR filed by the CBI on May 15 last year had alleged irregularities in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was the Union finance minister. It is alleged Karti had received funds to the tune of Rs 10 lakh in the case, they said.
Karti was taken into custody by a team of CBI officials at the Chennai airport on his return from the United Kingdom, they said.
After completing necessary formalities, the 46-year-old Karti was put on a domestic flight to the national capital where he would be produced before a designated court in the late afternoon.
The agency had summoned Karti for questioning earlier but he had sought stay orders from various courts
An FIR filed by the CBI on May 15 last year had alleged irregularities in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was the Union finance minister. It is alleged Karti had received funds to the tune of Rs 10 lakh in the case, they said.