Retaliating against former Union Minister P Chidambaram's allegations of the Centre targeting him and his son Karti under the pretence of raids, Union Law Minister Ravi Shankar Prasad on Tuesday, while defending the Central Bureau of Investigation (CBI) said, "nothing else can be expected from him". The five secretaries, who constitute the FIPB, other officials of the FIPB and competent authorities in each case are public officials.
DMK working president M K Stalin accused the Centre of "misusing" agencies like CBI and said the former union minister and his son would face the matter legally.
Asked about the raids, he told PTI: "You should have called your CBI friends.Should I stop writing?"
Senior Congress leader P Chidambaram's residence at Jor Bagh in New Delhi.
The raids are in connections with Karti's alleged misconduct in FIPB approvals.
Chidambaram, 71, served twice as finance minister in the Congress-led coalition that ran India for a decade - from 2004-08 and then from 2012 until the party's election defeat at the hands of Modi's Bharatiya Janata Party (BJP) in May 2014.
On investing the whole matter the investigation agency had registered a FIR against Karti Chidambaram in connection with the case and are now probing the role of senior finance ministry officials in granting permissions to INX Media.
In connection with the same CBI team is targeted the residence of karti Chidambaram and searches are going at the locations of Mumbai, Delhi and Gurugram.
The raids are linked to clearances given to INX media, which was once owned by Peter Mukerjea. INX Media was granted FIPB permission for the investment which had already come into the firm.
Tom Vadakkan, a Congress party spokesman, said the raids were an attempt to malign Chidambaram's reputation and that they had found no incriminating evidence.
The case marks a new twist in a legal onslaught against P. Chidambaram, who has been the target of litigation brought by a senior BJP lawmaker alleging the approval of a separate telecoms deal in 2006 was corrupt.
The CBI has launched multiple raids in former Union minister P Chidambaram's son Karti Chidambaram's residence at Nungambakkam in Chennai.
Talking to ANI, BJP leader GVL Narsimha Rao said it time for the Congress Party to "own up" to these omissions and commissions, adding that they can not get away by giving political replies.
Karti Chidamabaram received Rs 10 lakh from INX Media for "management consultancy charges" through Advantage Strategic Consulting (P) Ltd, a firm which was indirectly controlled by Chidamabaram.