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       INDIA Next Article: KK Venugopal to meet CJI today, hopes for positive outcome  
       Nothing was found, nothing was seized: Chidambaram's lawyer on ED raids
 
         Posted on :13:23:37 Jan 13, 2018
   
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       Last edited on:13:23:37 Jan 13, 2018
         Tags: Nothing was found, nothing was seized: Chidam
 
Chennai: 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. 
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       INDIA
Next Article: KK Venugopal to meet CJI today, hopes for positive outcome
 
 
INDIA HEADLINES
Tent collapses during PM's Midnapore rally, 20 injured  
Rahul writes to PM for passage of Women's Reservation Bill  
Fresh batch of pilgrims leave for Amarnath shrine  
Petrol and diesel prices set to break all-time high levels  
Temples aren't going to create jobs for tomorrow, says Sam Pitroda  
Delhi Air hostess commits suicide, family alleges dowry harassment  
BJP too has contributed to delay in projects: Mayawati hits back  
Political activist held for threatening NCP MLA  
Goyal wants businessmen to blow whistle on tax evasion  
Body of security guard found inside water tank in Delhi  
Lt Governor pitches for promoting football in Puducherry  
Child marriage stopped in UP after police intervention  
Sensex, Nifty turn choppy on weak Asian cues  
Shedding crocodile tears now without doing anything when in power, says Modi  
Lord Jagannath's chariot reaches Gundicha temple today  
Woman 'gang-raped & burnt alive' by five in Sambhal  
NGT plans to hear cases using video-conferencing  
Woman lawyer raped by senior advocate in South Delhi  
Technology generating more jobs: Prasad  
Youth crushed to death by a falling tree in TN  
India, Pak to be part of anti-terror SCO drill in Russia next month  
Centre, Lt Guv creating hurdles: Pondy CM  
I am unhappy, swallowing pain of coalition govt, says Kumaraswamy  
Nearly 3,000 pilgrims leave Jammu for Amarnath cave shrine  
BJP aims to field celebrities as 2019 election candidates  
 
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