P Chidambaram calls ED raids at Karti's residences a 'comedy of errors'

Enforcement Directorate conducts raid at Karti Chidambaram's Delhi, Chennai homes

Enforcement Directorate conducts raid at Karti Chidambaram's Delhi, Chennai homes

Along with the raids at Chennai and Delhi premises of Karti Chidambaram, the Enforcement Directorate (ED) on Saturday also raided senior Congress leader and former Union minister P Chidambaram's house in Delhi.

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 Chidambaram, INX Media and its directors, Peter and Indrani Mukerjea.

The ED conducted raids in Delhi and Chennai since early morning after similar searches on the premises of a relative of Karti on December 1, 2017. "The ED has no jurisdiction to investigate under the Prevention of Money Laundering Act (PMLA)", Chidambaram told the media here.

"Not surprised by the malicious vendetta being unleashed against senior Congress leaders including P Chidambaram and his son. Everyday PM Modi and his government use ED & CBI as captive puppets to seek revenge from the opposition".

Former finance minister P Chidambaram, after the CBI searches on May 16, had issued a strong statement in response to the raids, saying the government was using the CBI and other agencies to target his son.

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Also ED did not find anything at Karti's homes in Delhi and Chennai.

The agency on Thursday issued fresh summons to Karti in a money laundering case related to alleged irregularities in getting foreign investment for INX Media in 2007.

"It was a raid conducted under the provisions of PMLA", said Arun Natrajan.

Karti is facing investigation in connection with the role of facilitating the approval of the Foreign Investment Promotion Board (FIPB) to INX Media Limited in 2006. It also found that the company promoted by Karti and P Chidambaram's nephew allegedly received two lakh dollars from Maxis Group in guise of software consultancy.

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