CBI conducts raids at premises of P Chidambaram

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Chennai, May 26 (PTI) The CBI today launched searches at multiple premises linked to former Union Finance Minister P Chidambaram and his son Karti Chidambaram in connection with alleged favours granted in FIPB clearance to a firm.

Official sources in Delhi said the searches were spread across Mumbai, Delhi, Chennai, and Gurugram.

The raids are also taking place at the Nungambakkam residence of P Chidambaram in Chennai, a senior police official said in Chennai.

Unconfirmed reports said the raids were also on at Karaikudi, the hometown of Chidambaram.

The agency had recently registered a case regarding Foreign Investment Promotion Board (FIPB) clearance given to a company in which it is alleged that favours were given when P Chidambaram was the finance minister.

Asked about the raids, the former union minister said, “You should have called your CBI friends…….Should I stop writing ? (against the government).”

“I mean…(this is) absolute nonsense,” Chidambaram told PTI adding he was not in Chennai.

Chidambaram, a staunch critic of the Narendra Modi-led BJP regime, has said in the past that his voice against the Centre cannot be silenced by launching cases against him or his son Karti, also a Congress leader.

 

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Press Trust of India is the largest news agency in India. It is headquartered in New Delhi and is a nonprofit cooperative among more than 500 Indian newspapers and has more than 1,000 full-time employees, as on January 22, 2016

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