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Official sources in Delhi said the searches were spread across Mumbai, Delhi, Chennai, and Gurugram.
The raids are also taking place at the Nungambakkam residence of P Chidambaram in Chennai, a senior police official said in Chennai.
Unconfirmed reports said the raids were also on at Karaikudi, the hometown of Chidambaram.
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Asked about the raids, the former union minister said, “You should have called your CBI friends…….Should I stop writing ? (against the government).”
“I mean…(this is) absolute nonsense,” Chidambaram told PTI adding he was not in Chennai.
Chidambaram, a staunch critic of the Narendra Modi-led BJP regime, has said in the past that his voice against the Centre cannot be silenced by launching cases against him or his son Karti, also a Congress leader.