NEW DELHI -- India's federal police on Tuesday searched the homes of former finance minister P. Chidambaram and his son as part of an investigation into suspected corruption during his time in government. The Central Bureau of Investigation (CBI) is investigating whether a finance company owned by Chidambaram's son Karti helped a client to circumvent limits on foreign investment. The allegations date back to 2008 when his father, a senior leader of the opposition Congress Party and vocal critic of the current government, was finance minister. Chidambaram denied the allegations, accusing Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) of using his son to wage a political vendetta against him. Chidambaram served twice as finance minister and also as the home minister in the Congress-led coalition which was defeated by the BJP in 2014 after a decade in power.
Source: The China Post May 16, 2017 09:56 UTC