What is INX Media case; a look at the genesis of P Chidambaram and son Karti's misfortunes

What is INX Media case; a look at the genesis of P Chidambaram and son Karti's misfortunes

INX Media case: The ED has questioned Karti on several occasions in the INX Media case. P Chidambaram was also questioned by the ED in January this year and on December 19 last year.

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INX Media case: The INX Media case involving Senior Congress leader P Chidambaram and son Karti is back to haunt him as the CBI and the ED officials visited his residence on Tuesday night.INX Media case: The INX Media case involving Senior Congress leader P Chidambaram and son Karti is back to haunt him as the CBI and the ED officials visited his residence on Tuesday night.
BusinessToday.In
  • Aug 21, 2019,
  • Updated Aug 22, 2019 8:51 AM IST

The INX Media case involving Senior Congress leader P Chidambaram is back to haunt him as the CBI and the ED officials visited his residence on Tuesday night. This comes a day after the Delhi High Court said on Tuesday that the INX media case was a "classic case of money laundering" and it was of the prima facie opinion that his custodial interrogation is required for an effective investigation in the matter.

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Chidambaram is being probed by both the investigating agencies for alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearances to the media group for getting overseas funds amounting to around Rs 305 crore. This was when he was the finance minister in the UPA-I government.

The INX Media case involving Senior Congress leader P Chidambaram is back to haunt him as the CBI and the ED officials visited his residence on Tuesday night. This comes a day after the Delhi High Court said on Tuesday that the INX media case was a "classic case of money laundering" and it was of the prima facie opinion that his custodial interrogation is required for an effective investigation in the matter.

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Chidambaram is being probed by both the investigating agencies for alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearances to the media group for getting overseas funds amounting to around Rs 305 crore. This was when he was the finance minister in the UPA-I government.

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