Karti Chidambaram, son of ex-finance minister P Chidambaram, was arrested at the Chennai Airport in connection with INX Media money laundering case.  It says that Karti Chidambaram is connected to the INX Media bribery case regarding various clearances given to the company.  The allegation of money laundering dates back to May 2017 when a case was registered regarding irregularities in granting Foreign Investment Promotion Board (FIPB) clearance to INX Media.  The CBI investigative agency had registered a case regarding alleging irregularities in granting the Foreign Investment Promotion Board (FIPB) clearance to INX Media in 2007, when Chidambaram senior was the finance minister.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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