Business compliant with laws: Karti Chidambaram on Parliament uproar
Chennai: Karti P Chidambaram, allegations against whom led to stalling of Parliament on Tuesday, said his business was fully compliant with all laws and regulations of the country and rejected charges of money laundering.
Read: Centre using news plants to divert attention: Congress on Karti Chidambaram issue
Following allegations in a newspaper he had built a huge business empire for himself, Karti, an AICC member and son of former Union Minister P Chidambaram, said "my business are fully compliant with all the laws and regulations."
In a statement, he said, "one newspaper has made allegations against me, which have been adequately refuted in the past. Myself and my business are fully compliant with all laws and regulations."
Read: Aircel-Maxis deal: Parliament stalled over Karti Chidambaram's role
The daily had alleged that he had built a "huge business empire for himself in different parts of the world and that this had come to light through documents recovered during raids by Enforcement Directorate and investigation wing of Income Tax in a scam case".
Later, Karti Chidambaram told reporters that "all my businesses are completely compliant. All filings are up to date. All statutory regulatory filings are completely upto date. That is all I have got to say," he said.
"If I am compliant, I can't be money laundering," he said.
Read: Parliament adjourned for the day after uproar by AIADMK members
Both Houses of Parliament were adjourned following ruckus by AIADMK members who demanded action against Karti over the allegations.
AIADMK members disrupted proceedings in both Houses demanding action on Karti over the Aircel-Maxis issue.
Read: Chidambaram being attacked as he has exposed BJP, Jaitley: Congress
As soon as the Lok Sabha met for the day, AIADMK members rushed to the Well demanding action on Aircel-Maxis deal. They raised slogans like "We want action", "Aircel-Maxis why delay, why delay" and "NDA sarkar take action."
The AIADMK members were displaying copies of an English daily which has claimed that Karti has invested in real estate across the world, as per investigations by the Enforcement Directorate and Income Tax authorities during searches at his premises.
