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“Why no chargesheet if ED, CBI have evidence,” asks Karti

Posted in S. Asia

Published on August 30, 2019 with No Comments

Karti Chidambaram, son of former finance minister P Chidambaram has challenged the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) to file a chargesheet against him if they have any evidence.

Karti said, “They have named some exotic locations. I am Member of Parliament, if they so much evidence against me, then why don’t they file a chargesheet? I have declared my assets in my affidavit before filing for nomination.”

The ED has also alleged that Karti, through a maze of shell companies, diverted and routed money which was kickbacks received for getting FIPB approvals for at-least 6 firms. One of the shell companies, according to ED, is Advantage Strategic Consultancy Private Limited (ASCPL).

ED alleged that ASCPL paid for Karti Chidambaram’s food bills during foreign visits, hotels stay in 2014, Wimbledon ticket and FIFA tickets in 2013. Reacting to the allegations, Karti said, “I do have friends and if my friends have made payments for me, it does not mean that I am associated to their companies or I own their companies. These are baseless allegations.”

As per reports, the ED is all set move SC against Karti Chidambaram for an early hearing against Delhi HC’s mandated protection to him. This was revealed in ED’s affidavit in the INX bribery case. Last year, the Delhi HC had asked ED not to arrest Karti.

The CBI alleged that their investigation and the ‘conditional’ confessional statement of Indrani Mukerjea indicate that Karti arranged a meeting with then finance minister and his father P Chidambaram to get the necessary FIPB approvals in INX media. It has been alleged that to set-up a meeting, Rs 10 lakh was paid to ASCPL as kickbacks. However, Karti shared with media that it is a false allegation. Karti’s father, P Chidambaram, is in custody of CBI till August 30.

The SC is yet to decide on the plea filed by Chidambaram to grant him anticipatory bail from arrest in connection to the money laundering case being investigated by ED. The ED has opposed the former finance minister’s bail plea and demanded his custodial interrogation.

 

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