What Led To Chidambram’S Arrest…?

Congress Leader P Chidambaram got an anitcipatory bail today inwards ED example till Monday, only he volition proceed to hold upward nether arrest every bit his petition against CBI is posted for August 26 past times court. After all, why Chidambaram had to become to jail, let’s examine it

Actually, the entire example is related to INX Media scam. In this, the CBI filed an FIR on xv May 2017. After this, inwards 2018, the Enforcement Directorate filed a example of coin laundering. In 2007 INX Media received the blessing for unusual investment acre P. Chidambaram was Finance Minister. The INX companionship for which unusual investment was sanctioned was owned past times Chidambaram’s son. There are allegations that Karti Chidambaram took payoff of his manly individual bring upward existence the finance government minister together with also approved illegal investments. Both P. Chidambaram together with Karti Chidambaram are defendant inwards the case.

Congress Leader P Chidambaram got an anitcipatory bail today inwards ED example till Mon What Led to Chidambram’s Arrest…?

Approval of iv crore investment, deposited 305 crore

It is alleged that INX had received blessing for solely Rs 4.62 Cr for unusual investment inwards TV news, only almost Rs 305 crore unusual investment was brought through alleged rigging. There are also allegations that the coin illegally brought was wrongly transferred to other companies. Chidambaram is implicated inwards both INX Media together with Aircel-Maxis 2G scam case. Central investigative agencies ED together with CBI seeked custody to interrogate Chidambaram together with his boy Karti. To avoid arrest, Chidambaram got relief from the High Court inwards these cases, which increased several times from July final year, only non this time.

Tennis lodge inwards Kingdom of Spain amongst scam’s money, cottages inwards U.K. …?

The Enforcement Directorate alleges that P. Chidambaram’s boy has bought a lawn tennis lodge inwards Spain, cottages inwards U.K. together with properties worth to a greater extent than than Rs 54 crore inwards Republic of Republic of India from the alleged scam money. According to the attachment monastic say passed past times the ED inwards 2008, Karti allegedly bought all the higher upward assets amongst bribe money. Chidambaram’s bungalow worth Rs sixteen crore has been attached past times the investigating agencies inwards the case. Not solely this, ii fixed deposits worth Rs 09.23 crore (Indian Overseas Bank’s Nungambakkam branch inwards Chennai) together with ninety lakh (Advantage Strategic Consulting Pvt Ltd, ASCPL) convey also been attached. According to the agencies, Karti’s lawn tennis lodge inwards Barcelona is worth almost Rs xv crore.

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