Former Union minister P Chidambaram arrived at the Enforcement Directorate (ED) office for questioning in the INX Media money laundering case on Wednesday, official sources said. They said the senior Congress leader was asked to depose before the investigating officer (IO) of the case to record his statement under the Prevention of Money Laundering Act (PMLA). The ED had registered a PMLA case in this deal case on the basis of a CBI FIR and had alleged that irregularities took place in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when P Chidambaram was the Union finance minister. It had registered an Enforcement Case Information Report (ECIR), the ED's equivalent of a police FIR, against the accused named in a CBI complaint, including Karti, INX Media and its directors Peter and Indrani Mukerjea. Karti Chidambaram was also arrested on February 28 by the CBI for allegedly taking money to facilitate the FIPB clearance to INX Media in 2007 .

Source: dna December 19, 2018 06:22 UTC