INX Media Case: CBI Questions P Chidambaram For 4 Hours

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INX Media Case: CBI Questions P Chidambaram For 4 Hours

In relation to the INX Media case, the CBI questioned former finance minister P. Chidambaram for 4 straight hours. This relates to alleged irregularities in clearances to foreign investments from INX media during his tenure.

The agency claims irregularities in the clearance of foreign investments at a media company. The company was a venture promoted by Peter Mukerjea and his wife Indrani. The two are being investigated for the murder of their daughter Sheena Bora.

The Congress leader Chidambaram said he appeared before the CBI and the FIR did not contain allegations against him.

Chidambaram posted on Twitter, “Questions and answers were based on the files of FIPB. Hence there was little to add to the record.”

The CBI is investigating the clearance of Rs. 305 crores to INX Media by the Foreign Investment Promotion Board (FIPB.)

On the 15th of May 2017, the CBI registered an FIR for the alleged irregularities in the FIPB clearance to INX Media. The irregularities date back to 2007 when Chidambaram was finance minister. Chidambaram’s son Karti was also arrested in a case relating to receiving illegal funds to the tune of Rs. 10 lakhs.   

Apart from Karti, Indrani and Peter Mukerjea are named in the FIR. The two are in jail for the murder of Sheena Bora, Indrani’s daughter from a previous marriage.

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