INX media, in order to wriggle out of the situation without any punitive action, entered into a criminal conspiracy with Karti Chidambaram, son of the then Finance Minister P Chidambaram, to get the issues solved amicably by influencing the public servants of FIPB in the finance ministry. Sources say, the irregularities committed by the two firms of the Mukerjeas' were overlooked by the FIPB once they hired Karti's firm. It further said, "For the services rendered by Karti's firm, consideration in the form of payments were received by ASCPL, a firm indirectly controlled by Karti Chidambaram." CBI official said that invoices to the tune of Rs 3.5 crore were also raised in favour of INEX group in the name of other companies in which Karti Chidambaram had direct or indirect interests. Also read:CBI now raids jailed Peter Mukerjea's Mumbai house; Chidambaram, son Karti's residences raided earlierCBI raids Chidambaram, son Karti's residences; Modi government trying to silence my voice, says former ministerStung by Income Tax raids, Lalu Prasad hits back, says will continue fight against Fascist BJPAlso watch:CBI raids ex-INX Media chief Peter Mukherjea's Mumbai house hours after raiding Chidambaram, Karti

Source: India Today May 16, 2017 17:03 UTC