INDIA SUMMARIZED

Former Finance Minister P Chidambaram’s son Karti has built a huge empire for himself in different parts of the world by making investment in real estates and engaging in other business activities in London, Dubai, South Africa, Philippines, Thailand, Singapore, Malaysia, Sri Lanka, British Virgin Island, France, USA, Switzerland, Greece and Spain. This came to light from the documents recovered during the recent joint raids of the Enforcement Directorate and Investigation Wing of Income Tax in the Aircel-Maxis scam. The investigation team got the details of Karti’s wealth following raids on his company, Advantage Strategic Consulting, which is involved in the Aircel-Maxis deal for financial transactions with telecom beneficiaries.  He also has accounts in the secretive Swiss bank UBS.This has come to light from the documents recovered during the recent joint raids of the Enforcement Directorate and Investigation Wing of Income Tax in the Aircel-Maxis scam. Chidambaram wa...