INDIA
POLITICAL CORRUPTION IS RUINING THE COUNTRY’S IMAGE
P CHIDAMBARAM IS GETTING A TASTE OF HIS OWN MEDICINE
2018-06-18 12:57
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Call it an irony of fate or, maybe, his tryst with destiny, Palaniappan Chidambaram, the country’s four-time finance minister, is in a mess. Chidambaram has been chargesheeted by his once trusted Income-Tax Department for allegedly making investments in foreign assets and not disclosing them in tax returns. Last week, Enforcement Directorate (ED) charged his son Karti in Aircel-Maxis case before a special court in Delhi. The 4,500-page chargesheet also highlighted P Chidambaram’s alleged role in the case. Earlier, the income-tax department had filed as many as four prosecution complaints against Chidambaram and three of his immediate family members — wife Nalini, Karti and daughter-in-law Srinidhi — before a special court in Chennai under section 50 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.