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       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
Asaram found guilty in rape case  
Cong hands stained with Muslims' blood: Salman Khurshid  
Centre defends death by hanging in SC, says far safer and quicker  
AIADMK sacks journos for pro-BJP article in its mouthpiece  
Venkaiah Naidu directs introduction of bio-metric attendance in RS  
POCSO ordinance 'a step taken in hurry': BCI Chairman  
Decision to reject impeachment motion against CJI was not hasty: Venkaiah Naidu  
MP woman builds pet dog's grave on government land  
Parliament is not immune to casting couch: Renuka Chowdhary  
Siddaramaiah files nomination from Badami  
Porn behind rising child rape cases, molestation: MP Home Minister  
Noida: Class 11 girl gang-raped in moving car  
Survey indicates 'photo-finish' in K'taka polls  
POCSO Act: Death penalty will be futile, says Justice Shah  
Indian troops retaliate to ceasefire violation along LoC, four Pak jawans killed  
When would Modi deposit Rs. 15 lakhs in people’s accounts: PMO evades RTI query  
My son not contesting from Varuna: Yeddyurappa  
Hong Kong silent on Nirav Modi's whereabouts  
Delhi doctor operates on leg of patient with head injury  
I fear for my life, Indrani Mukerjea tells court  
Man bludgeons wife to death in front of kids  
CCTVs in all police stations by October: HC told  
CJI impeachment: Congress to file petition in SC  
CJI impeachment notice rejected: What Congress, Shiv Sena leaders said  
World will hear positive voices against protectionism at Modi-Xi summit: China  
 
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