Business Standard

Paid Karti $700,000 through foreign subsidiaries, claim Indrani and Peter

Continuing its probe into the INX Media case, CBI produced Karti before Delhi's Patiala House Court'

Karti Chidambaram arrested
Premium

Karti Chidambaram being taken to Delhi's Patiala House Court. Photo: @ANI

BS Web Team New Delhi
Delhi's Patiala House Court on Wednesday sent Karti Chidambaram to one-day police custody after Central Bureau of Investigation (CBI) claimed his custodial interrogation was needed to unearth the conspiracy on the basis of confessional statements of INX Media Limited directors Peter and Indrani Mukerjea.

The Mukerjeas, alleged that they paid $700,000 to Karti on the instructions of his father, former Finance Minister P Chidambaram, as quid pro quo for an FIPB clearance, officials said.

The statements of the Mukerjeas were recorded by the Enforcement Directorate (ED), which is probing the money laundering angle in the case, while the CBI had only recorded

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in