New Delhi, May 16: The Central Bureau of Investigation and the Income Tax Department on Tuesday conducted raids at overall 50 places, which in other words could also be said as a crackdown against alleged corruption and benami properties involving the kin of two top opposition leaders – P Chidambaram and Lalu Prasad Yadav. “The day of reckoning has come for many….,” said Finance Minister Arun Jaitley on Tuesday evening multi-city raid ended. The opposition leaders said the government is being heavy-handed about framing its opponents.Also Read - Lalu Yadav Back in Driver's Seat, Takes His First Jeep For a Spin on Streets of Patna | Watch

After the search conducted by Central Bureau of Investigation (CBI) and the Income Tax (IT) department ended, officials from Congress termed it “political vendetta” and said that it will not be cowed down by the politics of “revenge” which was the “DNA of the government”. Also Read – CBI raids at Chidambarams’ residences reveal link with Peter, Indrani Mukherjea: 10 updates Also Read - Padma Shri Award 2021: Kangana Ranaut, Karan Johar Among 119 Recipients This Year

The Chennai residence of P Chidambaram, who has served twice as a Finance Minister under the UPA Government was searched by CBI team, as part of an investigation into alleged criminal misconduct based on approvals of foreign investment deals. CBI in a statement said that Chidambaram’s son, Karti Chidambaram, was given kickbacks amounting Rs 3.5 crores in exchange for the minister allowing INX Media to pump in funds from foreign investors. Also Read - After Kapil Sibal, P Chidambaram Expresses Concern Over Crisis in Party, Congress to Call CWC Meet Soon | Key Points

INX Media, was earlier owned by Peter and Indrani Mukherjea who have been jailed for the murder of Sheena Bora, daughter of Indrani from her first husband. The CBI also conducted a raid at “Marlow” a high-end apartment based in Mumbai’s Worli area which is owned by Indrani and Peter Mukherjea and where Sheena Bora was murdered.

Karti Chidambaram, addressing the media outside his residence in Chennai, said there was no evidence to back the claims against him, adding further that the raids were “politically motivated”. Also P Chidambaram who evaded questions said that neither he nor his officials (Foreign Investment Promotion Board) were suspected of wrongdoing, while he was in office.

On the other side, in Lalu Yadav’s case, nearly 100 tax officials and policemen raided properties including in Delhi and Gurgaon that are proxy owned by the RJD chief and his children. The market value of the properties are worth Rs 1,000 crores.

“People holding high position and acquiring assets through shell companies is not a small matter,” said Finance Minister Arun Jaitley while speaking to media.

Soon after the RJD chief’s “benaami” properties were raided, Lalu tweeted, “Ha ha. My name is Lalu and I pity 4 such intimidators”.

68-year-old Lalu Prasad Yadav, cannot hold public office because he has been convicted of corruption in a case based on 1990 when he was Chief Minister of Bihar. His sons, Tejashwi and Tej Pratap are curently holding the position of ministers in the coalition government in Bihar.

The Yadav’s have earlier said that the property they are accused of secretly owning has been listed by them in official declarations of their wealth.