Summary:
They said the raids were being conducted at three premises in Chennai under provisions of the Prevention of Money Laundering Act (PMLA), the anti-money laundering law. It was the ED which had provided information about the alleged illegal payments made by INX Media, based on which the CBI had filed its FIR. It had registered a money laundering case against Karti Chidambaram and others in May last year. The ECIR was lodged under the provisions of the Prevention of Money Laundering Act (PMLA). The CBI had filed the FIR against Karti Chidambaram and the Mukerjeas on charges of criminal conspiracy, cheating, receiving illegal gratification, influencing public servants and criminal misconduct..