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Ex-FM’s son may be arrested

New Delhi: Enforcement Directorate (ED) is set to arrest former finance minister P Chidambaram’s son Karti Chidambaram over alleged financial irregularities committed by him.

Karti Chidambaram
ED is set to arrest Karti Chidambaram over alleged financial irregularities.

The Times of India says Karti failed to turn up on Wednesday, after he was summoned, at the ED headquarters here for questioning in connection with certain transactions in Aircel’s acquisition of Maxis.

The ED is investigating the Aircel-Maxis deal under the Prevention of Money Laundering Act as part of the larger probe into the 2G scam.

This was the third summons the ED had served on Karti, and in the last one the agency was specific in demanding his personal appearance, Karti has ignored so far posing questions to the agency.

The ED is now contemplating taking Karti in custody for his refusal to submit to the investigation, sources said.

Former FM’s wife, Nalini Chidambaram, is also facing ED questioning this week in another unrelated case.

She has been summoned by the ED’s Kolkata office in connection with the Saradha chit-fund scam.

TST

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