The Enforcement Directorate has told a Delhi court that it is investigating the transfer of Rs 32.91 crore by Karti P Chidambaram’s firm to a Singapore-based company and another investment of Rs 15.79 crore with erstwhile French tennis player Jean-Francois Caujolle.
The agency in its chargesheet filed on Wednesday accused Karti P Chidambaram of non-cooperation in the Aircel-Maxis deal money-laundering probe.
It said that Advantage Strategic Consultancies Private Limited (ASCPL), controlled by Karti, has transferred funds to Singapore-based Advantage Strategic Consulting Singapore Pvt Ltd so that the funds collected in India in ASCPL may be used by him outside the country.
The chargesheet further informed that ED is probing two million euro (Rs 15.79 crore) invested by ASCPL with Caujolle, alleging that Karti did not cooperate in connection with a mail exchanged between him and the tennis player.
ED’s Special Public Prosecutor (SPP) Nitesh Rana submitted before the court that ASCSPL was incorporated on August 29, 2006 by Padma Bhaskararamana, a director in ASCPL, and A Selvakumar as per the directions of Karti, it said, adding that the funds were transferred under the cover of the loan and equity investment.
“It is submitted that this court has issued on December 1, 2015 Letter of Request under Prevention of Money Laundering Act (PMLA) for investigation in Singapore. The resp...