ED to quiz Karti in Aircel-Maxis case
Updated: Jul 05, 2016, 06:10 IST
NEW DELHI: The Enforcement Directorate (ED) has asked Karti Chidambaram, son of former finance minister P Chidambaram, to appear before it on Tuesday, following the notice issued by the apex anti-money laundering agency a fortnight ago.
The ED asked Karti to bring along a list of documents, as part of its ongoing investigation into the Aircel-Maxis case.
Both the income tax department and the ED have been investigating Karti’s links with Advantage Strategic Consulting Private Limited, which allegedly paid Rs 26 lakh to Aircel to get 5% of its share, in March 2006.
It was alleged that P Chidambaram, then Union home minister, delayed the Foreign Investment Promotion Board’s clearance for the Air ce l-Max is deal, till the time Advantage got its share.
Chidambaram has maintained that none of his family members has any connection with Advantage or any company connected with the Aircel-Maxis deal.
As first reported by HT, a joint raid by I-T and ED recovered documents suggesting ties between the promoters of Advantage Strategic, and Karti Chidambaram. On June 19, 2013, four directors of Advantage Strategic Consulting Private Limited, Kriya FMCG Distributors Private Limited, and Rochester Technology Solutions Private Limited executed wills, bequeathing their entire holding in their fir ms to Aditi Chidambaram, Karti’s daughter. All four wills named Karti as the “executor of the will”.
Karti Chidambaram did not respond to phone calls or messages regarding the ED’s notice.
Sources said, “This is the first time we are calling Karti Chidambaram in this matter, which has been going on since 2013. We want to confront Karti [Chidambaram] with evidence that we recovered during our raids.”
Besides I-T and ED, the matter is also being probed by the CBI.