17
Wednesday
January 2018
4:22 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
National News
ED raids Karti Chidambaram's premises in Delhi, Chennai
 
(New Delhi, Jan 13, 2018): The Enforcement Directorate (ED) today conducted searches at multiple premises linked to Karti Chidambaram, the son of Congress leader P Chidambaram, in connection with its money laundering probe in the Aircel- Maxis case.

Official sources said the raids are being conducted in Delhi and Chennai since early morning.

The central probe agency, on December 1 last year, had conducted similar searches on the premises of a relative of Karti and others in this case.

The ED case pertains to the Foreign Investment Promotion Board (FIPB) approval granted in 2006 by the then finance minister P Chidambaram.

The agency had said it is investigating the circumstances of the said FIPB approval granted by the then finance minister (P Chidambaram)".

The ED also alleged that Karti has "disposed" of a property in Gurgaon, which he had allegedly rented out to a multinational company "to whom foreign direct investment (FDI) approval had been granted in 2013".

It charged that Karti had "also closed certain bank accounts and attempted to close other bank accounts in order to frustrate the process of attachment" under the PMLA.

The agency said FIPB approval in the Aircel-Maxis FDI case was granted in March, 2006 by the then FM even though he was competent to accord approval on project proposals only up to Rs 600 crore and beyond that it required the approval of the Cabinet Committee on Economic Affairs (CCEA).

"In the instant case, the approval for FDI of 800 million USD (over Rs 3,500 crore) was sought. Hence, CCEA was competent to grant approval.

"However, approval was not obtained from CCEA," it alleged. (PTI)


Defence Minister Sitharaman flies in Sukhoi-30 MKI
NSA Ajit Doval attends BJP ‘poll meeting’, CPI(M) urges EC to probe
SC begins hearing on constitutional validity of Aadhaar
Scrapping of Haj subsidy arbitrary, motivated: CPI(M)
Netanyahu's words about Mahatma Gandhi
Pak troops fire at LoC posts in Poonch; Army Captain injured
Modi, Netanyahu begin roadshow in Ahmedabad
Justice Chelameswar on leave today
Kamal Haasan to announce party’s name on Feb 21
CJI met four senior-most judges of SC: sources
Attack on couples by khap panchayat illegal: SC
Absolutely no crisis now in SC, says Bar Council of India
Senior BJP leader N S Pharande passes away
Chopper crash: Torso found, DNA analysis underway
Pawar, Yechury to lead 'Save Constitution' march on Jan 26
Togadia's health stable: Doctor
Little Moshe arrives in Mumbai, says he's very happy
Crisis in SC seems to be unresolved: Venugopal
Indo-Israel summit: Modi invites Israeli defence companies for co-production
15-year-old Dalit girl’s raped, mutilated body found in Haryana’s Jind
ENTERTAINMENT NEWS
Madhavan talks about the "greatest award" he received
 (Mumbai, Jan 16, 2018): R Madhavan has been in the film industry for over two decades and the  
24 hours sports radio channel launched
Mick Jagger's surprise India visit
Veere Di Wedding to release on 1st June 2018 !
INTERNATIONAL NEWS
'7 ethnic Rakhine killed as Myanmar police open fire at riot'
 (Yangon, Jan 17, 2018): Myanmar police opened fire on a crowd of ethnic Rakhine Buddhists as
Japan broadcaster mistakenly flashes missile alert
North Korea calls Trump nuclear button boast the 'bark of a rabid dog'
Rocket lands in Indian Embassy premises in Kabul, no casualties: MEA
KERALA NEWS
State gears up for second literacy movement
 (Thiruvananthapuram, Jan 17, 2018): Kerala -- declared the first complete literate state in t
Charge sheet leak: Court orders probe
Bar bribery: No evidence against KM Mani says Vigilance
Investigation team toughens stance against Dileep
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.