After CBI raids, trouble is set to rise for former finance minister P Chidambaram and his son Karti as the Central Board of Direct Taxes (CBDT) is likely to initiate a probe into the reported irregularities in foreign investment approval for a media firm in 2007.
CBDT chairman held a meeting with the Prime Minister's Office (PMO) hours after Karti Chidambaram's house in Chennai and his office in Gurgaon and other places were raided by the CBI on Tuesday. Raids were also conducted at former media baron Peter Mukerjea's house in Worli, Mumbai.
"We received information on Karti some two years ago, we have been investigating the cases. We will act on all information shared by the CBI. We are monitoring the case on a regular basis and can call Karti for questioning as well," CBDT chairman told India Today.
Chidambaram was caught because of the relentless pursuit of BJP leader Subramanian Swamy. Last month he had exposed the Income Tax findings on the massive secret illegal assets of Chidambaram family in 18 countries. These details were unearthed by ED and IT joint raids in connection with Aircel-Maxis scam.
The 12 page FIR detailing the frauds committed by Karti and INX TV channel owners are published @Pgurus