Enforcement Directorate officials on Friday morning started searches on six premises in Chennai and Kolkata, including those belonging to the relatives of former Union finance minister P Chidambaram, as part of their probe into the Aircel-Maxis case involving his son Karti Chidambaram.

| TNN | Updated: Dec 1, 2017, 14:34 IST

Highlights

  • ED officials said searches were being held in four locations in Chennai and two places in Kolkata.
  • In Chennai, searches were being held at Teynampet (two places, including a hospital), Alwarpet and Tiruvanmiyur.
  • In Kolkata, two places on the Lee Road and at Lovelock Place were being searched, they said.

<p><em>Former Union finance minister P Chidambaram</em><span class=”redactor-invisible-space” style=””><em></em></span><br></p>

Aircel-Maxis case: ED conducts searches on premises of Chidambaram’s relatives

Loading

CHENNAI: Enforcement Directorate officials on Friday morning started searches on six premises in Chennai and Kolkata, including those belonging to the relatives of former Union finance minister P Chidambaram, as part of their probe into the Aircel-Maxis case involving his son Karti Chidambaram.

ED officials said searches were being held in four locations in Chennai and two places in Kolkata.

In Chennai, searches were being held at Teynampet (two places, including a hospital), Alwarpet and Tiruvanmiyur.

In Kolkata, two places on the Lee Road and at Lovelock Place were being searched, they said.

The ED case pertains to the Foreign Investment Promotion Board (FIPB) approval granted in 2006 for the Aircel-Maxis by Chidambaram.

The ED charged that Karti had closed certain bank accounts and attempted to close other bank accounts to frustrate the process of attachment under the Prevention of Money Laundering Act.


In Video:
Aircel-Maxis case: Chidambaram’s relatives raided in Chennai and Kolkata

RELATED

From around the web

More from The Times of India