A chargesheet has been filed in opposition to former Union minister P Chidambaram, his son Karti Chidambaram and others in reference to the INX Media cash laundering case, mentioned sources within the Enforcement Department, which was dealing with the case. The e-chargesheet should be backed up by a tough copy when the lockdown is lifted and the courts begin functioning correctly.
Earlier, the Central Bureau of Investigation or CBI had charged Mr Chidambaram and others with allegedly receiving round Rs 10 lakh as bribe for clearing overseas funding for INX Media.
The company alleges that in 2007, throughout his tenure because the finance minister within the UPA authorities, P Chidambaram had facilitated an enormous transfusion of overseas funds to INX Media, then owned by former media baron Peter Mukerjea and his spouse Indrani Mukerjea.
His son Karti Chidambaram had acquired kickbacks for the deal, investigators have mentioned, constructing their case on the idea of Indrani Mukerjea’s assertion.
The Enforcement Directorate alleged that Mr Chidambaram and his son had used the kickbacks acquired from Mukerjeas to purchase properties in India, UK and Spain.
In August final yr, the CBI arrested the previous minister after dramatic chase that ended with company officers scaling the partitions of Mr Chidambaram’s south Delhi home in full view of tv cameras.
On October 16, the ED arrested him in a associated money-laundering case and questioned him.
He was granted bail in December after greater than three months’ keep in Delhi’s Tihar jail.
In May 2017, the CBI had filed its case, alleging irregularities in a Foreign Investment Promotion Board clearance granted to the INX Media Group for receiving abroad funds of Rs 305 crore in 2007.
After virtually 9 months, the company filed the chargesheet in opposition to Mr Chidambaram, his son Karti Chidambaram and others on costs of alleged cash laundering.