ED has issued summons to Karti Chidambaram, son of former Finance
Minister P Chidamabram, in connection with its money laundering probe in
the Aircel-Maxis deal of the 2G scam.
ED had issued a notice to Karti to present himself in person or through an authorised representative and submit personal financial documents and those related to a firm this week but it is understood Karti sought more time to reply.
This is the first time that a notice has been issued to Karti in the case which is being investigated since over an year.
The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director, and a few others for alleged violations under the stringent Prevention of Money Laundering Act (PMLA).
ED, along with the I-T department, had conducted search and seizure operations on the business premises of Chess Global firm in Chennai in the presence of Karti in Dec 2015
ED had issued a notice to Karti to present himself in person or through an authorised representative and submit personal financial documents and those related to a firm this week but it is understood Karti sought more time to reply.
This is the first time that a notice has been issued to Karti in the case which is being investigated since over an year.
The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director, and a few others for alleged violations under the stringent Prevention of Money Laundering Act (PMLA).
ED, along with the I-T department, had conducted search and seizure operations on the business premises of Chess Global firm in Chennai in the presence of Karti in Dec 2015
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