Published On: Tue, May 16th, 2017

CBI Conducts Raids at Premises of P Chidambaram, Karti in TN

CHENNAI:
The CBI today launched searches at multiple premises linked to former Union Finance Minister P Chidambaram and his son Karti Chidambaram in connection with alleged favours granted in FIPB clearance to a firm.
Sources said that the searches were spread across Mumbai, Delhi, Chennai, and Gurugram. The raids are also taking place at the Nungambakkam residence of P Chidambaram in Chennai.chidam
The agency had recently registered a case regarding Foreign Investment Promotion Board (FIPB) clearance given to a company in which it is alleged that favours were given when P Chidambaram was the finance minister.
Chidambaram alleged that the Centre was using investigating agencies to target his son and his friends to silence his voice against the government. “All I will say is, I shall continue to speak and write,” he said in a statement here.
Chidambaram said FIPB approval was granted in hundreds of cases. Each case was processed according to law and approval was granted or refused in accordance with the recommendations of the FIPB consisting of five secretaries to the Government of India, he said.
The five secretaries who constitute the FIPB, the officials of the FIPB secretariat and the competent authority in each case are the public officials, he said, adding there was no allegation against any of them.
“There is no allegation against me,” he added. “The government, using the CBI and other agencies, is targeting my son and his friends..The government’s aim is to silence my voice and stop me from writing, as it has tried to do in the cases of leaders of opposition parties, journalists, columnists, NGOs and civil society organisations,” the former finance minister said.
The agency had yesterday registered a case regarding alleged irregularities in granting the Foreign Investment Promotion Board (FIPB) clearance to INX Media, run by its directors Indrani Mukerjea and Peter Mukerjea, in 2007 when P Chidambaram was the Finance Minister.
Chidambaram, a staunch critic of the Narendra Modi-led BJP regime, has said in the past that his voice against the Centre cannot be silenced by launching cases against him or his son Karti, also a Congress leader.

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