The Asian Age

Chidambara­m grilled for over 4 hours by ED in INX Media case

- PRAMOD KUMAR

The CBI on Wednesday questioned former union finance minister and senior Congress leader P Chidambara­m for nearly four hours in connection with its probe pertaining to the alleged irregulari­ties in clearances to foreign investment­s in INX media during his tenure.

After coming out of CBI headquarte­rs, Chidambara­m said he had appeared before the CBI and the FIR did not contain any allegation­s against him. “Questions and answers were based on the files of FIPB. Hence there was little to add to the record,” the Congress leader said on Twitter. Mr Chidambara­m's alleged role has come under the scanner of investigat­ing agencies in connection with the Foreign Investment Promotion Board ( FIPB) clearance of ` 305 crore given to INX media.

Mr Chidambara­m has also been summoned by the Enforcemen­t Directorat­e ( ED) on June 12 over the alleged money laundering case in the Aircel- Maxis case. On Tuesday, the former union finance minister was for the first time questioned by the ED for nearly six hours in connection with the Aircel- Maxis case, following which, Mr Chidambara­m had said in a series of tweets that the questions and answers were what was already on file.

Both central agencies — CBI and the ED — are investigat­ing the foreign investment clearance granted in 2006 for the Aircel- Maxis deal and in the INX Media case in 2007, when Mr Chidambara­m was finance minister in the UPA government.

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P. Chidambara­m

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