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  India   All India  20 Jul 2017  Karti Chidamabaram summoned by CBI in tax case

Karti Chidamabaram summoned by CBI in tax case

THE ASIAN AGE.
Published : Jul 20, 2017, 1:38 am IST
Updated : Jul 20, 2017, 1:38 am IST

Sources in the CBI said Karti was called earlier also in June but he had sought more time to appear before the agency.

Karti Chidambaram
 Karti Chidambaram

New Delhi: Karti Chidamabaram, son of former finance minister P. Chidamabaram, has been summoned by the CBI on July 21 in connection with the agency’s investigation pertaining to the alleged manipulation of a tax probe against INX Media in a FIPB clearance case. 

Sources in the CBI said Karti was called earlier also in June but he had sought more time to appear before the agency. The CBI has now asked him to be present for questioning on July 21, they added. They said his examination was needed in connection with a Foreign Investment Promotion Board (FIPB) clearance given to media group INX Media for receiving funds from Mauritius when his father was the finance minister.

It is alleged that a firm “indirectly controlled” by Karti received money from INX Media, run by Indrani and Peter Mukerjea. The CBI had registered the case on May 15 against Karti, his company Chess Management Services, INX Media, Advantage Strategic Consulting Services, its director Padma Vishwanathan and the Mukerjeas. The Mukerjeas, charged with the  murder of Indrani’s daughter, Sheena Bora, are currently in jail. The agency had raided 17 locations, Karti’s premises in Chennai. According to the CBI, INX Media stated in its records that an amount of `10 lakh was given to a firm “indirectly” owned by Karti.

Tags: p chidamabaram, inx media, karti chidamabaram
Location: India, Delhi, New Delhi