Chidambaram Money Laundering Case 'monumental': SG Tushar Mehta In SC

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Case of money laundering against P Chidambaram 'monumental', says Solicitor General Tushar Mehta in Supreme Court

Written By Apoorva Rao | Mumbai | Updated On:

During the hearing of P Chidambaram's petitions against the CBI and Enforcement Directorate on Friday, the Solicitor General Tushar Mehta revealed some sensational details of evidence found by the probing agencies in the money laundering and corruption cases related to INX Media case. After P Chidambaram's lawyers (Congress leaders Abhishek Manu Singhvi and Kapil Sibal) argued that there "was no shred of proof" with the Enforcement Directorate, Mehta told the Supreme Court that the agencies found that there were ten immovable properties abroad and 17 foreign bank accounts in the name of shell companies connected to the Chidambarams. The Solicitor General also said that the people under whose names the shell companies were created have a will in the name of Congress leader's granddaughter.

READ | CBI Seeks Custodial Interrogation Of Chidambaram In INX Media Case

Solicitor General Tushar Mehta's argument on money laundering in 'monumental magnitude' by Chidambaram:

"INX media is controlled by Peter and Indrani Mukerjee, we have a statement of Indrani Mukherjee that says they went to meet P Chidambaram. They were told by P Chidambaram that the FIPB approvals will be handled, they have to “take care of his son”. The (HC) judge went through the case diaries and recorded the finding that P Chidambaram was the kingpin of the entire conspiracy."

READ | P Chidambaram Questioned By CBI After Receiving Custody. Details Here

'Case of money laundering of monumental magnitude'

Replying to the claims of the agency not showing any proof against the senior Congress leader, the Solicitor General said, "At a pre-chargesheet stage, we can’t divulge many things. Let me explain why we need custodial interrogation. The evidence we have is in the form of digital documents. The searches were conducted, we have email chains. The money was transferred from one company to another company. These shell companies were created abroad. When I say this is a case of money laundering of monumental magnitude, I say it with some responsibility.

"So far it is found that in the name of these shell companies, there are ten immovable properties in other countries and 17 foreign bank accounts connected to the Chidambarams. The person in whose names the shell companies are created have made a will in the name of P Chidambaram’s granddaughter.There are certain individuals who would never divulge true facts if they are under the protective umbrella of anticipatory bail."

READ | Chidambaram Protected From ED Arrest Till Monday, Remains With CBI

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