Chennai: Karti Chidambaram, allegations against whom led to stalling of Parliament, today said his business is fully compliant with all laws and regulations of the country and rejected charges of money laundering.
Following allegations in a newspaper he had built a huge business empire for himself, Mr Karti Chidambaram, 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."
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, Mr 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."
"If I am compliant, I can't be money laundering," he said.
Both Houses of Parliament were adjourned today following ruckus by AIADMK members who demanded action against Mr Karti Chidambaram over the allegations.
Following allegations in a newspaper he had built a huge business empire for himself, Mr Karti Chidambaram, 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."
Later, Mr 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."
Advertisement
Both Houses of Parliament were adjourned today following ruckus by AIADMK members who demanded action against Mr Karti Chidambaram over the allegations.
Advertisement
COMMENTS
Advertisement
Video: Foreigner Claims She Was Denied Entry Into Kerala Temple, Congress' Karti Chidambaram Reacts Raids At Cooperative Society, Sahara Group In Rs 24,000 Crore Fraud Case Jacqueline Fernandez Fails To Appear For Probe In Money Laundering Case: Report Windows Computers Lead To 'Blue Screen Of Death' Due To CrowdStrike Error Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down Microsoft 'Blue Screen Of Death' Outage: Full List Of Services Hit In India "Reason Identified, Updates Released": India On Massive Microsoft Outage UPSC Cracks Down, Says Puja Khedkar Faked Identity, Parents' Name, Address Steve Jobs' "3rd-Rate Products" Jab At Microsoft Amid Global Cloud Outage Track Latest News Live on NDTV.com and get news updates from India and around the world.