Homelegal News

Indian government accuses Karti Chidambaram of taking bribes from a Chinese company to facilitate visas

Indian government accuses Karti Chidambaram of taking bribes from a Chinese company to facilitate visas

Indian government accuses Karti Chidambaram of taking bribes from a Chinese company to facilitate visas
Profile image

By CNBCTV18.com May 17, 2022 3:03:55 PM IST (Updated)

The raids were conducted at nine locations across Chennai, Odisha, Karnataka and other states in connection with a new case of illegal gratification against Karti Chidambaram, said the sources.

The Central Bureau of Investigation (CBI) on Tuesday conducted raids at the residence and offices of Congress leader Karti Chidambaram, son of former finance minister P Chidambaram.

Recommended Articles

View All

The raids were conducted at nine locations across Chennai, Odisha, Karnataka and other states in connection with a new case of illegal gratification against Karti Chidambaram.
In the new case which is an offshoot of an ongoing probe, the CBI has alleged that Karti had received Rs 50 lakh bribe to facilitate the visa of 250 Chinese nationals during the UPA regime for Talwandi Sabo power project in July-August 2011, when P Chidambaram was the Union home minister, officials said.
It is alleged that the power project in Punjab for which establishment contract was given to a Chinese firm was running behind schedule and it needed manpower but there was a ceiling for allowing work permits of foreign nationals, they said.
The firm allegedly approached Karti who used his influence to facilitate the visas in violation of ceiling imposed, they added.
The agency also searched the properties belonging to P Chidambaram in Delhi, Mumbai and Chennai.
Amid the reports of raids, Karti Chidambaram tweeted that he had lost count of the number of times his properties had been searched.
"This morning, a CBI team searched my residence at Chennai and my official residence at Delhi. The team showed me a FIR in which I am not named as an accused. The search team found nothing and seized nothing. I may point out that the timing of the search is interesting." tweeted P Chidambaram.
In March, a Delhi Court had granted regular bail to P Chidambaram and his son and others in the Aircel-Maxis case of CBI and Enforcement Directorate (ED).
Both Chidambaram and his son are being probed by the CBI and ED for corruption and money laundering in INX Media and Aircel-Maxis deal.
The Aircel-Maxis case is related to the alleged irregularities in Foreign Investment Promotion Board (FIPB) approval in the Aircel-Maxis deal, which was granted in 2006 when P Chidambaram was the finance minister.
Both agencies had alleged that the then FM had granted approval to the deal beyond his capacity to benefit certain people for which he received an amount.
The INX Media case came to light in 2016 when ED was probing the Aircel-Maxis case. INX Media deal also allegedly involved a similar grant of FIPB approval for the deal.
In 2019, P Chidambaram was arrested by the CBI from his residence amid high drama in the INX Media case. His son Karti Chidambaram was arrested in the same case in 2018 at Chennai airport and was brought to Delhi, however, he was granted bail a month later.
(Inputs from PTI)
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Most Read

Market Movers

View All
Top GainersTop Losers
CurrencyCommodities
CompanyPriceChng%Chng