INX Media: Delhi Court Issues Summons To P Chidambaram, Son Karti In Money Laundering Case
Former Finance Minister P Chidambaram with son, Karti. (Photo: PTI)

INX Media: Delhi Court Issues Summons To P Chidambaram, Son Karti In Money Laundering Case

Bookmark

A Delhi court Wednesday issued summons to former Union Minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate against them.

Special Judge MK Nagpal issued summons against the senior Congress leader, his son and others directing them to appear before court on April 7.

Besides the Chidambarams, the charge sheet names Karti's chartered accountant SS Bhaskararaman among others.

Chidambaram was arrested by the Central Bureau of Investigation in the INX Media corruption case on Aug. 21, 2019.

On Oct. 16, 2019, the ED arrested him in a related money-laundering case.

Six days later, on Oct. 22, the apex court granted bail to Chidambaram in the case lodged by the CBI.

In the ED case, he got bail on Dec. 4, 2019.

The CBI had registered its case on May 15, 2017, alleging irregularities in a Foreign Investment Promotion Board clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007, during Chidambaram's tenure as finance minister.

Subsequently, the ED had lodged the money-laundering case.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.