The officials from the Enforcement Directorate on Tuesday started interrogating former media baron Peter Mukerjea in connection with the money-laundering case registered in Delhi involving an INX Media deal, a day after they got the go-ahead from court.
The interrogation is taking place after the CBI court, allowed the agency to question Mukerjea
for two days in Byculla woman’s jail which also houses male inmates.
Both Mukerjea and his wife Indrani are in prison for allegedly murdering Indrani’s daughter
The INX Media case involves former finance minister P Chidambaram’s son Karti, among others.
Karti was arrested on Sunday, brought face to face with Indrani at Byculla, and questioned along
Karti allegedly received Rs 3.5 crore from Mumbai-based INX Media, now called 9X Media, for
helping it get clearance from the Foreign Investment Promotion Board (FIPB) in 2007, when it was
run by the Mukerjea.
The ED has alleged that the couple siphoned off £90 million (Rs 773 crore) from INX Media, which they deposited in unidentified countries through hawala channels. The funds were then routed back to India and the United Kingdom through Mauritius-based foreign investors, the ED claims.
The agency has also alleged that the funds, purportedly held in the form of bonds in New Zealand, are being managed by Peter’s son Rabin.
According to ED, INX Media filed an application on March 13, 2007, with the FIPB, the Finance
Ministry and the Centre seeking permission to receive funds from foreign investors.
On May 31, 2007, the FIPB gave its permission to the firm to receive foreign investments of around
Rs 42.2 million as total investment inflow, including premium. INX Media, however, received
foreign investment totalling Rs 3,053.6 million between August 22, 2007, and May 12, 2008.
It received this excess foreign exchange of around Rs 3,004.4 million from three Mauritius-based foreign investors.