New Delhi, February 28: Soon after Karti Chidambaram was arrested by the Central Bureau of Investigation (CBI) on Wednesday in connection with the INX Media case, Bharatiya Janata Party (BJP) MP Subramanian Swamy hinted that Karti's father and former finance minister P Chidambaram could be next. He said Karti's trail will lead to P Chidambaram as the former is a beneficiary of (P) Chidambaram's corrupt acts.

Swamy further added saying that the lookout notice was there and Karti had been lying during the cross-examination. Swamy said despite CBI giving Karti a lot of chances, he continued with his lies even after all evidence was presented against him.  “CBI gave him a lot of chances but he continued with his lies even after all evidence was presented against him. He will certainly go to jail & charge-sheet will be filed by CBI. This is a great achievement”, Swamy said. “Despite being confronted with evidence, he continued to lie to the CBI and ED (Enforcement Directorate”, Swamy added.

Earlier today, Karti - the son of former finance minister P. Chidambaram was taken into custody by a team of CBI officials at the Chennai airport on his return from the United Kingdom. After completing necessary formalities, the 46-year-old Karti was put on a domestic flight to the national capital where he was produced before a designated court. The Enforcement Directorate (ED) has also registered a money laundering case against Karti.

As per reports, the CBI and the ED had carried out a series of raids on the houses and offices owned by the Chidambarams. Karti Chidambaram was questioned several times by the ED.  The Congress labelled his arrest as “vendetta” and “diversionary tactic” by the Narendra Modi government.

To recall, the CBI on May 15, 2017 had filed an FIR alleging irregularities in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was the Union finance minister.  As per details by the CBI, INX Media clearly states in its records that Rs 10 lakh was given to Advantage Strategic Consulting (P) Limited, a firm “indirectly” owned by Karti, for management consultancy charged towards FIPB notification and clarification.

As per PTI reports, the CBI FIR also alleges that invoices of approximately Rs 3.5 crore were raised in favour of INX group in the name of other companies in which Karti had substantial interests “directly or indirectly”.

(The above story first appeared on LatestLY on Feb 28, 2018 03:36 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).