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Karti Chidambaram arrested By CBI

In connection with an INX media money laundering case, P Chidambaram's son Karti has been arrested by CBI from Chennai airport. He is accused of irregularities in the grant of Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving a foreign investment of over Rs. 300 crores in 2007. The case was registered against him by Enforcement Directorate in May last year.