Friday, August 14, 2020
Home Uncategorized ED raids firms allegedly linked to Chidambaram son

ED raids firms allegedly linked to Chidambaram son

Chennai: The Enforcement Directorate (ED) conducted raids here on Wednesday on firms allegedly connected to ex-finance minister P Chidambaram’s son who said neither he nor his family is a shareholder in any of the firms.

In a statement issued here, Karti Chidambaram said some officers of the investigating agencies visited his office on Wednesday.

“I was informed that they are investigating three firms of which two belong to my friends. They are owned by professionals and managed by Competent Board of Directors. I am not aware of the third firm,” he said.

“I made it clear to the officers what I had publicly stated earlier. Neither I nor any member of my family is a shareholder or director of any of the said firms. We do not have any economic interest in the said firms.”

He said that as the allegations of his connection with the firms was “false” and that “relating to the said firms” was found in his office.

He said there was no “basis for them to have visited my office or to make any enquiries in my office”.

Reacting to the ED’s raid, former finance minister P Chidambaram said, “Nothing was found in the “fishing and roving enquiry.”

He alleged that the “foolish” government is harassing his son Karti and wondered how far it would go.

(With inputs from agencies)

STAY CONNECTED

18,953FansLike
362FollowersFollow
1,780FollowersFollow

Most Popular

Young Women More Stressed Than Men During Lockdown: Survey

A recent survey on the impact of the Covid-19 pandemic on people between 10 and 24 years in UP, Bihar and Rajasthan has revealed...

Doctors Estimated 3 Folds Rise in Deaths of Patients During Lockdown Due to “Waitlist Mortality”

By Ashish Srivastava The nationwide lockdown imposed from March 24 has affected services across sectors, and key areas of medical care were also not left...

Sukhwinder Singh Believes Consistency Works Well

Sukhwinder Singh feels that being "slow and steady" is the best way to live. The Bollywood singer, who has lent his voice for an...

Dumping: Threat To Survival Of Domestic Newsprint Industry

Indiscriminate import and dumping of newsprint paper are threatening the very survival of the domestic newsprint industry, says the Indian Newsprint Manufacturers Association (INMA),...

2 in 5 Schools Lacked Access to Basic Handwashing Facilities in 2019 Worldwide: Report

Two in five schools (43 per cent) around the world lacked access to basic handwashing facilities in 2019, a key condition for educational institutes...

Users Overestimate Time Spent on Facebook by 3.2 Hours a Day

Facebook users especially teenagers and young adults significantly overestimate how much time they spend on the social network in a day and underestimate the...

Covid-19 Induced Lockdowns May Escalate Obesity

In an eye-opening study, scientists have warned that locking down society to combat Covid-19 creates psychosocial insecurity that leads to obesity and may escalate...

83% Women Assert Finding Right Match is About Compatibility and Not Compromise: Survey

After 74 years of Independence are women in this country able to choose their own destiny, their life paths or even their own life...

Recent Comments