Explorer

Nothing was found, nothing was seized: Chidambaram's lawyer on ED raids

Chennai (Tamil Nadu) [India], Jan 13 (ANI): Union Minister P. Chidambaram's son Karti Chidambaram's lawyer on Saturday said nothing was found and nothing was seized from Chidambaram's homes where Enforcement Directorate (ED) conducted raids in Delhi and Chennai in connection with Aircel-Maxis case.

"The ED conducted a raid today. Nothing was found, nothing was seized. The raid concluded at 10.45 a.m," Karti's lawyer Arun Natrajan told media here.

He also said this was not an enquiry but just a raid, and kept emphasising that nothing was found or seized.

"It was a raid conducted under the provisions of Prevention of Money Laundering Act (PMLA)," said Arun Natrajan.

The Enforcement Directorate (ED) conducted a raid at former union minister P. Chidambaram's son Karti Chidambaram's homes in Delhi and Chennai in the Aircel-Maxis case.

According to sources, the ED officials reached there at 7.30 a.m. There were about five officials at their residence.

In October last year, during investigation ED found that Foreign Investment Promotion Board (FIPB) approval given by P. Chidambaram in Aircel-Maxis case was beyond his mandate.

The law enforcement agency, in its investigation, also found that the amount for FIPB approval was wrongly projected to conceal the facts.

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.

The Aircel-Maxis deal refers to a series of allegations of kickbacks in the telecom sector, which was part of the wider 2G scam that engulfed the UPA regime.

In 2011, former Aircel head C. Sivasankaran complained to the CBI that he was being forced by then telecom minister Dayanidhi Maran to sell Aircel to the Malaysia-based Maxis Communications group owned by T. Ananda Krishnan. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

Arvind Kejriwal To Stay In ED Custody As Court Extends Remand Till April 1
Arvind Kejriwal To Stay In ED Custody As Court Extends Remand Till April 1
Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
Lok Sabha Elections: Padma Awardee Damayanti Beshra, Ex-BJD Leader Sidhant Mohapatra Join BJP
Lok Sabha Elections: Padma Awardee Damayanti Beshra, Ex-BJD Leader Sidhant Mohapatra Join BJP
Arvind Kejriwal Blasts ED, Tells Court Money Trail Is Sarath Reddy Giving 50 Cr To BJP After Arrest
Arvind Kejriwal Blasts ED, Tells Court Money Trail Is Sarath Reddy Giving 50 Cr To BJP After Arrest
Advertisement
for smartphones
and tablets

Videos

Bihar Lok Sabha Polls 2024: ABP Exclusive With Papu Yadav, MP No Longer Contesting From PurniaVarun Gandhi Pens Emotional Letter To Pilibhit After Being Denied, Says 'Mai Aapka Hu Aur Rahunga'Delhi Excise Policy Case: With CM Arvind Kejriwal's Arrest, Who Will Run The State | Watch ReportLok Sabha Elections 2024: 'BJP Just Wants To Break The Aam Aadmi Party' says Saurabh Bhardwaj
Embed widget