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Karti Chidambaram’s CA Arrested in INX Media Case by ED

After the arrest S Bhaskaran, Karti Chidambaram’s CA, was produced before a Delhi court.

Updated
India
2 min read
File image of Karti P Chidambaram
i

The Enforcement Directorate arrested S Bhaskaran, Karti Chidambaram's chartered accountant (CA), in connection with INX Media money laundering case on Friday, 16 February, news agency PTI reported.

After the arrest, Bhaskaran was produced before a Delhi court, PTI added.

The Directorate had registered a money laundering case against Karti, son of former Finance Minister P Chidambaram, in May 2017.

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Last month, Chidambaram was restrained to leave India by the CBI, which issued a lookout circulars against him in connection with an FIR registered by the agency.

However, on Friday, the Madras High Court gave a green signal to his overseas travel plans, The Times of India reported. However, the senior Congress leader’s son is directed to inform CBI about his itinerary in advance.

Chidambaram is facing a probe for his alleged role in facilitating Foreign Investment Promotion Board (FIPB) clearance for INX Media Ltd and its directors, Peter and Indrani Mukerjea – both accused in the murder of Sheena Bora – and others.

Chidambaram is alleged to have received Rs 3.5 crore from the Mumbai-based INX Media, now 9X Media, for helping it get the FIPB clearance when it was run by the Mukerjeas.

(The Quint, in association with BitGiving, has launched a crowdfunding campaign for an 8-month-old who was raped in Delhi on 28 January 2018. The baby girl, who we will refer to as 'Chhutki', was allegedly raped by her 28-year-old cousin when her parents were away. She has been discharged from AIIMS hospital after undergoing three surgeries, but needs more medical treatment in order to heal completely. Her parents hail from a low-income group and have stopped going to work so that they can take care of the baby. You can help cover Chhutki's medical expenses and secure her future. Every little bit counts. Click here to donate.)

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