Karti Chidambaram: My arrest political vendetta

Karti Chidambaram: My arrest political vendetta”

But investigating agencies had been closing in on Karti for some time now.

Karti's mother and lawyer Nalini Chidambaram also rushed to Delhi and was coordinating with a battery of lawyers led by Abhishek Manu Singhvi. "He made incorrect statements with respect to evidence". As per details by the CBI, INX Media clearly states in its records that Rs 10 lakh was given to Advantage Strategic Consulting (P) Limited, a firm "indirectly" owned by Karti, for management consultancy charged towards FIPB notification and clarification.

CBI had in May past year filed an FIR against Karti and INX Media among others for alleged irregularities in FIPB approval given to the media house for foreign direct investment (FDI) in 2007.

A post see issued by the Central Bureau of Investigation (CBI) on July 18 kept Karti from voyaging overseas without the examining organization's authorization. The CBI has said that it also seized vouchers of Rs 10 lakh which were allegedly paid for the services.

It had registered an Enforcement Case Information Report (ECIR), the ED's equivalent of a police FIR, against the accused named in a CBI complaint, including Karti Chidambaram, INX Media and its directors - Peter and Indrani Mukerjea.

Addressing the media, Congress spokesperson Rajdeep Surjewala said, "Prime Minister and his ministers using political witch-hunt and malicious intent to deflect heat from bank scam and losses to public exchequer".

The CBI has alleged that Karti aided INX Media in obtaining Foreign Investment Promotion Board (FIPB) approvals by exercising illegal influence between 2007 and 2008, during which time his father, P Chidambaram was the Union Finance Minister.

CBI also alleged that Karti had also received money from INX Media to scuttle a tax probe.

The government today rejected the Congress allegation that the arrest of Karti Chidambaram was "vendetta" and said the nature of the evidence available must speak for itself.

"Mr Chidambaram has said that the CBI and ED can not "harass" Karti and others, who were totally unconnected with the FIPB approval by issuing repeated summons to them". "All of this delays the conclusion of the investigation".

The CBI said that Karti had gone to the United Kingdom from 15 June to 13 July last year and again travelled to the United Kingdom from 1 December to 10 December last year.

The case was lodged by CBI for alleged offences under sections 120-B (criminal conspiracy) read with 420 (cheating) of the IPC and under relevant provisions of the Prevention of Corruption Act.

The ED, which is probing financial misappropriation in the case, has contended that Mukerjeas had "allegedly siphoned off 90 million pounds and the money is suspected to have gone to foreign countries through hawala routes".

Even as the CBI starts to question Karti, all eyes are set on the Parliament session which seems headed for another washout in the light of the political tempers rising between the two parties.

The BJP, meanwhile, says there is nothing wrong about the corrupt being sent to jail.

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