Son of Congress leader accused of money laundering
Karti Chidambaram, son of Congress leader P. Chidambaram, had been arrested today under alleged charges of money laundering. The CBI arrested the accused at the airport of Chennai, following a case filed by the Enforcement Directorate(ED). The matter was brought to light after the ED identified anomalies granting foreign direct investment clearance to INX Media Ltd.
Karti Chidambaram is accused of having received bribes to clear foreign investment worth around Rs. 300 crore using his father’s who was holding office as the Union finance minister. After CBI’s investigation, it was revealed that Karti received more than 10 lakh of bribery.
The accused had been taken to custody after landing from a flight from London and had been questioned by CBI officials at the airport. He is currently being transferred to Delhi where he will be brought before Patiala House Court. The CBI had already raided four of his properties for seeking of evidence.