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HOW TO AVOID VACATION RENTAL BOOKING MISTAKESWhat better way that to find a vacation rental home for when you roam around the world? Just find one that looks decent and just book it…Simple, right?…Or is it?Below is our vacation rental advice to help you avoid serious mistakes and horrors on your next vacation rental booking when picking a vacation rental off the internet.1. BEFORE YOU BOOK–REALLY LOOKRemember this mantra-Before you book- take a second look!Heck, take three or four more for that matter! While the pictures may look great, you really need to read all the text for the details of your selected vacation rental home.Then read it again. Check it to make sure:It is really the perfect match for you and your special one or familyThere are no missed special caveats in the house rules that cause it to be a failed choice for anyone in your groupThe location is really right for you.2. ASK- DON’T JUST PRESUMEDon’t be surprised-ask questionsWe discovered that on our vacation stay in France not everyone has closets! As a result of our presumptions our family of 7 were challenged to store away our belongs in the small apartment. The listing may say it has a coffee maker, but did you know there are at least three different types! Unlike our vacation rental home, Abalone Bay, not everyone provides towels and linens. Ask if you need to pack them too. And if you must remain connected to the wide world out there, make certain they not only have WiFi but the strength needed to make that online call home.Get all the nitty gritty details first before you find out that the stroller and suitcases and baby don’t all fit in the elevator at the same time.Here is a list of other items to ask about before you book:Ask questions related to privacy, location of neighbors.What foods, condiments, household supplies are available and what you need to supply?Does the home have the necessary cooking tools needed if preparing a special meal, such as Thanksgiving dinner?Pet policy and costs- NEVER just bring your pet assuming it would be ok, it may cost you in fines or lo$$ of deposit if you do.Pet-related amenities, health requirements for the vacation rental that does allow pets, are there poop bags, other amenities, how secure is their fence, does your pet need shots and health record verification?Total number of people allowed (this includes any not listed on the rental agreement you wish to invite to party while you’re there)What are their rules and the community’s laws on partying or noise. Is there a quiet hour?Accessibility- Are there stairs, elevators?Children/baby furniture- are there high chairs, playpens, cribs, toys, things to prevent boredom once the thrill of arrival is gone?Safety factors- Is the house child-proof, is there street lighting, security services, medical services available, is there a Safe Harbour plan or resources? For example see Abalone Bay’s information: Emergency Information for Abalone Bay & the Mendonoma area: there is only a medical clinic available for emergencies, the nearest hospital is a 2-hour drive along the coastal mountains, though we do have ambulance helicopter service.3. KNOW WHO YOU ARE SPEAKING WITH AND WHO WILL BE THERE TO GREET YOU.When booking online check out the Owner and/or the Property Management’s “About Us” page.We want you to know us by visiting our “About Us Page”. We live in Virginia, but our home is in California. That is why we use a property management team that provides you great pre-booking attention, welcomes you, provides you keys and passes, and is available to answer your questions before during and after your stay. We also make ourselves available for questions through our Contact Page, and social media outlets including Google Plus Page, Twitter account, Facebook Page.But you may stumble upon another home that is not as open and friendly, and definitely not managed by the owner. That’s why it is important to communicate extensively either by email or better yet by phone. You’ll be better able to sense by the agent or owner’s tone, choice of words, and willingness to answer questions if you will really be welcomed in his home.Then DOUBLE CHECK across the internet (look at Facebook profiles, website profiles, other searches) to see if there are any discrepancies between the online description of your host and the other resources.Remember to ask:Who you are speaking with. Is it the owner, a property manager, a concierge service, or the guy next door?Is the contact person verified, highly rated?Who will be assisting you with your arrival, and difficulties you may experience, and your check-out.If you ever find any discrepancy, be safe–move on to your next choice for vacation rental!4. READ ALL THE REVIEWSBe sure to read all the reviews- good and bad, and owner responseRemember when we said, Before you book- take a second look? That also includes reading reviews closely and carefully. Read all of them. Look not only for what the guests had to say, but also how the owner or manager responded to both the positive and negative comments. This way you’ll discover more clues about the location and how the owner or manager deals with issues noted by past guests. Don’t forget to look at other review sites such as Yelp, Google, TripAdvisor, and even Facebook Page reviews to double check what the place really is like.5. CHECK FOR FEES, ADD ONS, AND TAXESMore and more communities are clamping down to be sure vacation rentals are paying their taxes. When you get to the fine print look for added taxes not immediately included in the daily rate. Frequently both state and local boards are collecting a Transit Occupant Tax or TOT. Check to see if your vacation rental is following the law.Ask about cleaning fees and any damage deposits required. If you are bringing your pet there may be a limit on pets and added fees for the privilege of bringing them along.Some homes and agencies also offer travel and damage insurance. Others may offer recreational items (bikes, kayaks, fishing equipment) for an added cost.Just so you know–Abalone Bay’s fees and taxes explained here in our Guest Info Page.6. DETERMINE WHAT ADDED SERVICES ARE PROVIDEDWhen we traveled to Paris, we were thrilled that our host was able to arrange for a taxi service to pick us up as well as had full maid service. I know of other home-owners that provide a cook to prepare meals, or have a large welcome basket filled to the brim with goodies. Some will even let you use their car or bikes!While we don’t do all of that for our guests at Abalone Bay, we do have a bottle of wine set out and do make sure that there are some basic supplies available. And we can offer you suggestions of where to go to rent a bike, or who to see for a private tour guide for touring the area. If you need a special item ask about it. We do our best to accommodate our guests, because we are also nice business folks. That may not hold true for the next guy.7. BOOK THROUGH LEGITIMATE WELL KNOWN SITES, SKIP UNKNOWN OR SKETCHY SITESPay attention to the address link that is usually displayed at the bottom of your browser or email.To be safe, just stick with the listing sites that you are familiar with. But also remember that many homes, such as our vacation rental, Abalone Bay, also have their own booking sites or listing agents through their property management company.Don’t be tempted by a bargain deal advertised by a pseudo vacation rental home owner or property site. It is especially critical that you verify the site you are booking operates through a secure payment system.Just do your homework by using a Google or other search sites to verify if it is an official website.When you communicate via email, take a closer look at the links in the emails. Check to see if the communication is from someone other than who they claim to be. Hover your mouse cursor over a link (but don’t click), and watch for a text area to either at the bottom of your browser, or above/beneath the cursor. This text area shows the real address the link would take you to if you clicked on it.And most importantly- NEVER wire money without:Knowing for certain who the owner and/or the property manager areVerifying by calling directly to confirm the rental’s legitimacy8. REMEMBER YOU ARE RENTING A HOME, NOT A HOTELWhile we pride ourselves at having many hotel-like amenities, Abalone Bay is really our personal vacation home that we are honored to share with you. Other homes you may encounter on the booking sites may not necessarily be as elegant as ours. In fact, you may find some home owners enjoy a more funky style of living, with older décor, and less attention to detail, especially of cleanliness. But if you can live with funk then by all means consider that listing.9. SPEAKING OF CLEANLINESS…While Abalone Bay staff inspects our home just before you arrive to assure it’s spic and span, others may not be as spotless. If you are a germaphobe bring or buy sanitizing wipes, or rethink selecting a vacation rental as your choice for vacation accommodations. If you have allergies be sure to ask about the products used to clean the home.10. AND… SPEAKING OF RENTING A HOME…WATCH THE NOISE AND NUMBERSSimply put, be a good neighbor. You are staying in someone’s home, most likely surrounded by neighbors. In place are sure to be local laws or regulations about excess noise and people partying in the home you are renting. Because too many vacation rentals have had a history of trouble and noise, many communities are actually outlawing vacation rentals in their neighborhoods all together. They no longer want frat parties in their backyards.And remember you have signed a contract booking the home for a finite number of people. Do not expect you can just toss one more friend in a sleeping bag on the floor or throw a rave. That could co$t you in loss of deposit as well as other fines.Respect the home, respect the neighbors, respect the laws.11. LISTEN TO AND THEN FOLLOW THE OWNER’S ADVISEMany hosts, like ourselves, have a plethora of information for their guests that they the are eager to share. Our intimate knowledge of the best and worst spots posted on our Experience and Explore Page is invaluable. Some even have published guide books, like our Insiders Guide to California’s Mendonoma . Check out their websites to see what restaurants to eat at, where to shop, where to go with the kids . Upon arrival read our “Welcome Book” that tells you the WiFi code, what will happen when you don’t latch the shed with the garbage containers.12. CHECK ALL THE HOME’S POLICIES AND REGULATIONSIf the owner says the home is non-smoking then that means you may NOT light up…. not even if you are hanging your head out of the window.Is there a no-shoe-on-in-the-home policy? Then kick them off before you enter.Follow the rules.It’s as simple as that.13. DON’T SUCK UP ALL THE WATER, ELECTRICITY, GASLove mother earth- don’t waste its resourcesBe energy conscious and go easy on the water. California is in a drought for the fourth straight year. Water rates have increased. Communities are fining home owners for over use. Propane and gas heat must be ordered then trucked in.We take energy and water conservation seriously. Other owners do too- in fact some actually put their utilities on a timer. Others have them wired to shut off if a window is open while you have the AC or heat running.Love mother earth- don’t waste its resources and expect the owner to be happy about the increased bills or even fines you caused.14. VERIFY IF THERE IS PARKINGVerify if the garage is available or notImagine making the 3-hour drive up the winding coast to Abalone Bay in your new shiny open-top convertible only to discover too late that our garage is not available for parking. Rather, Abalone Bay only has open parking spaces available.But we do have parking, unlike many other places that make you hunt for it then hike blocks away to park your car…if you’re lucky.So it’s well worth repeating…Before you book- take a second look! Then ask the following questions:Is there covered parking available?How many cars are accommodated?What parking restrictions are there?Must we have special tags showing?If in a public space, is parking validated?(By the way… We will be adding a two-car garage for your use later in 2016!)15. MAKE SURE YOU HAVE ACCESS TO PHONE SERVICE- WHETHER IT IS LOCAL OR INTERNATIONALThis information is so very important to have on hand, especially when traveling into remote areas or internationally. We don’t wish to have you make the news because you were unable to call out for help.Make sure your phone has international service and that you know how to call the local emergency number. Assuring you have phone service can help you access 911 services as well as allow you to call your mom to assure her you’re all right.We at Abalone Bay are especially sensitive to this as ONLY PHONES THAT ACCESS VERIZON HAVE SERVICE. When the service works, it can be spotty at best. This is true for The Sea Ranch and much of Mendonoma Area. Abalone Bay’s land line provides free local, national and limited international telephone service to its guests.16. BE PREPARED IN CASE OF EMERGENCIESBe like a Boy Scout — always prepared!You never know what could go wrong, what accidents may happen, what horrors you may encounter, what natural disasters could befall. And if you happen to be far away from home, in a foreign country where you are unfamiliar with the language or customs, or new to an area, getting help may not be easy.Make sure you do the following to protect yourself when staying a vacation rental or other rented space:Make sure you have the address of where you are staying before you leave.Become familiar with the area in case you need to leave for help or services.Give a friend or relative the host’s address and keep it easily accessible when needed quickly for emergencies.Purchase travel and/or damage insurance that protects against loss of deposits in case you have to seek a late cancelation, accidental damage or breakage at the home.Know how to call the local emergency numbers- put them in your speed dial before you arrive.17. CONTACT THE OWNER OR PROPERTY MANAGER IF SOMETHING IS AMISSCall the owner before you get to this pointIt is always best to communicate with the owner or property manager BEFORE an issue puts a damper your holiday fun, or worse, becomes a crises. Once you’ve arrived at your destination, take a closer look to see that everything is in tip top shape. Most owners will be quick to come to your aid to resolve any problems you are experiencing.Just give them a call!18. PAY IT FORWARD-GIVE A REVIEW THAT IS GENUINELY HELPFULOur last vacation rental advice is to be sure to write a review of your stay once your holiday has ended. The next vacationer looking at this property will thank you for it. And so will owners and property managers- they want to know how they are doing.Just as you (we hope!) read all the reviews – both good and bad, it’s now your turn. Help out other travelers by sharing your opinion of the home by writing a concise, honest evaluation of your stay. This helps out the owner too by letting him know that he’s doing a great job or there is something needing improvement.Here are a few tips to help you organize your thoughts and pass it forward to the next vacationer looking for an awesome vacation location:Rate your stay from 5-stars (Awesome!) to 1-star (Run away as fast as you can).Title your review concisely. It should describe your trip including any specific experiences you had (good or bad) and a some detail explaining your opinion.If a specific issue was resolved by a staff member, or a someone went above and beyond to help sort out a problem mention them in the feedback to recognize. Otherwise leave personal names out of your review.Give in-depth descriptions and details that reflect your personal experiences. It is wise though to mind the Goldilocks Principal- keep it not too long, not too short…but just right. In literary terms, it’s longer than a tweet, but (much) shorter than a novel. Include information about who traveled with you, the quality of amenities, what you thought of the service. what you thought of the rooms, things you got to see or do, and your recommendations while staying there.Add photos that show not only the location but what was done there.SO NOW GO AHEAD… Like the B52sRoam if you want to, roam around the worldRoam if you want to, but do so better prepared!Roam if you want to, roam around the worldRome if you want to with our Vacation Rental Advice!

The Income Tax’s Chennai Investigation Unit’s report having more than 200 pages about former Finance Minister P Chidambaram’s family and especially son Karti and his companies huge assets in more than 14 countries are now out in the public domain. Recently some portion of this sensitive report was exposed in public by Bharatiya Janata Party (BJP) leader Subramanian Swamy in a press conference. Many media houses whose owners are friendly and in collusion with Chidambaram tried to black out the news.In the interest of public, we are producing the entire data of assets and bank accounts found in the joint raid of Income Tax and Enforcement Directorate.21 foreign bank accounts by Karti and his companies in Metro Bank in UK, 4 accounts in OCBC in Singapore in the name of Advantage Strategic Consulting Pte Ltd, the controversial company caught in kickbacks in Aircel-Maxis scam, 2 banks in Spain namely Sabadell Atlantico, La Caxia Bank, HSBC UK, Barclays Bank in Monaco, Marseille BNP Paribas in France, UBS in Switzerland etc.The Income Tax which seized hard disks from Karti’s companies found that P Chidambaram, wife Nalini Chidambaram, son Karti and his wife Srinidhi jointly purchased a property and a big palatial house in Cambridge in UK. As per the Income tax seized documents, the property bought by Chidambaram and family is: 5, Holben Close, Cambridge, CB237AQ. This huge property and home was purchased from Edmund Suley Holt and Heather Holt and the money was transacted from Karti’s personal account in London’s Metro Bank account number: 16714313. Chidambaram never declared this property in any of his mandatory affidavits as Member of Parliament (MP) or Minister. Chidambaram in his affidavit to Rajya Sabha in May 2016 declared only 1/3rd portion of the property as wife Nalini’s property. He also under-invoiced the value of this property of his wife’s share at just Rs.1.55 crores, while UK’s real estate websites estimate this property in Cambridge to be worth more than Rs.85 crores.Karti’s Advantage Strategic Consulting Private Limited ‘s Singapore company’s bank accounts to buy properties in UK like purchase of 88 acres farm house known as Surridge Farm in Somerset, UK. The land value shown in the registry is one million pounds.Another property in Cambridge is at Ceres, 29, Meade House at Cambridge.Chidambaram’s son Karti has built a massive empire in different parts of the world by making investments in real estate and engaging in other business activities in London, Dubai, South Africa, Philippines, Thailand, Singapore, Malaysia, Sri Lanka, British Virgin Island, France, USA, Switzerland, Greece and Spain. Most of the purchases happened during the period 2006 to 2014 when Chidambaram was Finance Minister and Home Minister. The probe agencies estimate these assets across the world are expected to be more than Three Billion Dollars.Karti’s Singapore-based firm had acquired majority shares of a big resort in Sri Lanka, known as Lanka Fortune Residencies. This company owns the prestigious resorts ‘The Waterfront’, ‘Weligama Bay Resort’ and Emerald Bay Hotel.Karti’s Singapore firm routed money via Dubai to acquire three farms and vineyards in South Africa, identified as Rowey Farm in Grabouw, Cape Orchards and Vineyards Private Limited, and Zandvliet Enterprises, a wine and stud farm in Ashton.The Dubai-based Desert Dunes Properties Ltd has also investment in Karti’s Singapore-based company Advantage. The probes have unearthed a money trail of 1.7 million Singapore Dollars between these firms. Another Dubai-based company, Pearl Dubai FX LLC, also had financial transaction with Advantage. This shows that Karti linked firms have offices and assets in UAE also.The Advantage’s Ceres, 29, Meade House had entered into joint ventures with the Philippines-based companies to obtain a franchise team of International Premier Tennis League (Asia). The Philippine firms, which were engaged in joint ventures with the Karti-controlled company, are SM Arena Complex Corporation, Sports Entertainment Events Management Inc.The Advantage had also had financial transactions with another real estate company in Singapore known as Real Beyond Pte. Ltd. having three subsidiaries in Malaysia. The investigation has unearthed that these transactions led to 16 land purchases in Thailand.The Advantage’s Singapore unit has set up a firm in British Virgin Island (BVI), namely Somerset Surridge Ltd. Advantage also invested 400,000 Singapore dollars in another BVI firm known as Full Innovations Ltd. It also has financial dealing with Geben Trading Limited in BVI and offices in Switzerland. This firm’s major transactions were through the famous Swiss Bank, namely UBS. The investigators got proofs of transactions in Dollars and Euro. The Advantage also has transaction of five million Singapore dollars with another firm in Singapore, namely Unison Global Investment Ltd.The Karti-controlled company in Singapore entered into joint ventures with Gravitas Investments, Match Point International Tennis Events to buy a franchise Tennis team called ‘Manila Mavericks’. This deal was worth of 12 million US dollars and the money was paid in 10 installments.Karti’s Singapore company also acquired a residential flat in Malaysia worth 1.9 million Malaysian Ringgits from a firm called Peninsular Smart. The probe team also found some agreement papers which shows that the Advantage holds franchisees of Café’ Coffee Day in some locations in Malaysia. The investigators have found several transactions to Karti’s Singapore firm with Malaysian companies. Malaysia is the head quarters of telecom giant Maxis which acquired Aircel in 2006. The IT and ED officers seized payment details amounting to more than Rs.30 crore in foreign currencies.The Advantage in Singapore also opened a subsidiary firm in Barcelona in Spain known as Advantage Estrategia Esportiva SLU in August 2012. This is a sports academy having four acres with seven tennis courts in Spain.Karti-linked Singapore firm has also one million US dollar investment in a company in France known as Pampelonn Organisation. The Advantage also has transactions with a Greek firm known as Pisani John Sakellarios in Athens.Karti’s firm Advantage Strategic Consulting Private Limited (ASCPL) had transactions with Aircel Televenutres, DCB Client, Diageo Scotland Limited, Katra Group, Sri Lanka Export Development Board, Unifi Wealth Management Ltd, VST Tillers Tractors, Carlton Trading Company, Claris Life Sciences’, ITC Centre, Best Land Realty Limited, Essar Steel Limited, Gokul Builders and Estates, S Kumar, INX Media, Reflections, Thiagarajar Mills Private Limited, Saksoft, EL Forge Limited.The Income Tax which seized hard disks from Karti’s companies also found that Karti used to get huge money as kickbacks in several Foreign Investment Promotion Board (FIPB) deals pending with father former Finance Minister P Chidambaram.On Sept 22, 2008, ASCPL received Rs.35 Lakh from INX Media (now known as News X TV Channel), which applied for FIPB clearance of 220 million dollar during the period. Same day another Rs.60 Lakh was paid from INX Media to Northstar Software Solutions Pvt Ltd. Major shares of this Northstar Software Solutions Pvt Ltd controlled by C B N Reddy, who is a Benami and Director of ASCPL and its Singapore subsidiary also. On Sept 24, 2008 another tranche of 20,000 Dollars were paid to ASCPL’s Singapore subsidiary by INX Media.On Sept 26, 2008, ASCPL had a money transaction of 50,000 dollars with Geben Trading Limited in Athens in Greece. This company’s address is 4 Zaf.Matsa Street, 14564 Athens, Greence and incorporated in British Virgin Islands (BVI). The money transactions of ASCPL also show to Geben Trading’s bank account in UBS, Geneva in Switzerland. The emails of banking transaction details were marked to Karti also and documents shows about a business takeover of healthcare and rehabilitation centers in Greece. All these transactions happened during the INX Media’s Foreign Direct Investment (FDI) approvals for 220 million dollar were pending with Karti’s father Finance Minister P Chidambaram. In short, the murder accused Peter and Indrani Mukherjea who sold their INX Media paid around 9 crores rupees to Karti linked firms for FIPB clearance.In August 2008, Karti’s Singapore company got 60 lakh shares in the media firm Network 18’s London based company Artevea Digital UK This deal happened when Network 18 applied for a series of FIPB clearances, when Chidambaram was the Finance Minister. This led to around 25 crores kickback for processing the FIPB clearance.The documents unearthed by Income Tax shows that ASCPL received money from many companies when their FDI investment files were with FIPB and Cabinet Committee on Economic Affairs (CCEA) during Chidambaram’s tenure as Finance Minister. The companies which transferred money to Karti’s ASCPL are Claris Life Sciences, Diageo Scotland Limited which acquired fugitive Vijay Mallya’s UB Spirits, Katra Group, Arcelor Mittal linked Saksoft, Reflections belong to Spark Capital Advisory Private Limited. As per the Income Tax Analysis Report, all these deals involve around Rs. 500 crores kickback to Karti linked companies for necessary FIPB and CCEA clearances during Chidambaram’s period in Finance Ministry.The documents seized from the raid also show that ASCPL received money from Best Land Realty, when the company got a Rs.304 crore loan from Public Sector Undertaking (PSU) Banks.In a bizarre incident, the British company Diageo Scotland Limited which acquired fugitive Vijay Mallya’s UB Spirits even paid 15,000 dollars as Service Charges to Karti’s ASCPL for fixing appointments with then Prime Minister Manmohan Singh, Finance Minister Chidambaram. Diageo’s emails thank Karti for fixing appointment of company owner Lord Blyth with Prime Minister Manmohan Singh, Finance Minister Chidambaram. The thanking email also attached the 15,000 dollar pay out receipt as Service Charges for fixing appointments with PM and FM. This is a clear case of abuse of power initiating case under Prevention of Corruption Act.Another clear case of favoritism to son’s company by abusing power by Chidambaram is – In September 2006, Russia’s National Industrial Bank (Nazprom) appoints Karti’s ASCPL as Business Consultant for their Joint Venture with Indian Overseas Bank. The documents seized by Income Tax included ASCPL’s agreement with Russian Bank Nazprom and Nazprom’s series of communications with IOB including the meetings in Chennai. The emails show that in each transactions with the Russian bank and PSU IOB, Karti’s ASCPL minted money in the form of consultancy. The Russian Bank’s agreement says Karti’s ASCPL’s Singapore subsidiary will get 5% as commission with all transactions with Indian Overseas Bank, apart from the initial 25,000 dollar processing fee.This is a clear case of abuse of power by Finance Minister Chidambaram to get a cut for son Karti’s company for each money transfer between PSU Bank IOB and Russian Bank Nazprom.Karti’s ASCPL also received huge money from a South African company Nicholas Stynes Associates Limited. This South African company was engaged in providing security to IPL Cricket and the money transactions with Karti’s company happened when Chidambaram was Home Minister.The documents also show that ASCPL got huge money as commission from Allianze Securities for sale of NABARD Bonds when Chidambaram was Finance Minister.The money was paid to Finance Minister Chidambaram from Karti’s Meltrack Ltd in relation to sale of shares and selling of huge tract of land in Mysore to VST Tillers & Tractors Limited. The land was mortgaged to Union Bank of India. P Chidambaram was shown as unsecured creditor to Meltrack Limited.A very interesting thing in all Karti companies including ASCPL – there are five common Directors like C B N Reddy, Bhaskar Raman, Mohanan Rajesh, Ravi Viswanathan and V Padma. The Income Tax found that all these five persons have entered into a curious WILL that they owe all properties and assets to Karti or his daughter Aditi in consideration of respect and love to P Chidambaram! This shows that these five persons are nothing but Benamis of Karti and P Chidambaram.*This is arguably one of the largest catch of black money in India from A Politician’s Family.

The department of Income Tax’s Chennai Investigation Unit’s report comprising more than 200 pages about former Finance Minister P Chidambaram’s family and son Karti and his companies’ huge assets in more than 14 countries came out in public domain more than 2 years ago. Bharatiya Janata Party (BJP) leader Subramanian Swamy exposed this in a press conference in 2017. Many media houses whose owners are friendly and in collusion with Chidambaram tried to black out the news.According to the Information Commission of India the following are the entire assets and bank accounts found in the joint raid of Income Tax and Enforcement Directorat21 foreign bank accounts by Karti and his companies in Metro Bank in UK.4 accounts in OCBC in Singapore in the name of Advantage Strategic Consulting Pte Ltd, the controversial company caught in kickbacks in Aircel-Maxis scam.2 banks in Spain namely Sabadell Atlantico, La Caxia Bank, HSBC UK, Barclays Bank in Monaco, Marseille BNP Paribas in France, UBS in Switzerland etc.The Income Tax dept which seized hard disks from Karti’s companies found that P Chidambaram, wife Nalini Chidambaram, son Karti and his wife Srinidhi jointly purchased a property and a big palatial house in Cambridge in UK. As per the IT dept documents, the property bought by Chidambaram and family is:5, Holben Close, Cambridge, CB237AQ. This huge property and home was purchased from Edmund Suley Holt and Heather Holt and the money was transacted from Karti’s personal account in London’s Metro Bank account number: 16714313.Chidambaram never declared this property in any of his mandatory affidavits as Member of Parliament (MP) or Minister.Chidambaram in his affidavit to Rajya Sabha in May 2016 declared only 1/3rd portion of the property as wife Nalini’s property. He also under-invoiced the value of this property of his wife’s share at just Rs.1.55 crores, while UK’s real estate websites estimate this property in Cambridge to be worth more than Rs.85 crores.Karti’s Advantage Strategic Consulting Private Limited ‘s Singapore company’s bank accounts were used to buy properties in UK like purchase of 88 acres farm house known as Surridge Farm in Somerset, UK. The land value shown in the registry is one million pounds.Another property in Cambridge is at Ceres, 29, Meade House at Cambridge.Karti has built a huge empire all over the world by investing in real estate and other businesses in London, Dubai, South Africa, Philippines, Thailand, Singapore, Malaysia, Sri Lanka, British Virgin Island, France, USA, Switzerland, Greece and Spain. The purchases mostly happened during the 2006 to 2014 when Chidambaram was Finance Minister and Home Minister.Probe agencies estimate these assets at more than USD three billion. Karti’s Singapore-based firm acquired majority shares of a big resort in Sri Lanka, known as Lanka Fortune Residencies. This company owns the prestigious resorts ‘The Waterfront’, ‘Weligama Bay Resort’ and Emerald Bay Hotel.Karti’s Singapore firm routed money via Dubai to acquire three farms and vineyards in South Africa, identified as Rowey Farm in Grabouw, Cape Orchards and Vineyards Private Limited, and Zandvliet Enterprises, a wine and stud farm in Ashton.The Dubai-based Desert Dunes Properties Ltd has also investment in Karti’s Singapore-based company Advantage. The probes have unearthed a money trail of 1.7 million Singapore Dollars between these firms. Another Dubai-based company, Pearl Dubai FX LLC, also had financial transaction with Advantage. This shows that Karti linked firms have offices and assets in UAE also.The Advantage’s Ceres, 29, Meade House had entered into joint ventures with the Philippines-based companies to obtain a franchise team of International Premier Tennis League (Asia). The Philippine firms, which were engaged in joint ventures with the Karti-controlled company, are SM Arena Complex Corporation, Sports Entertainment Events Management Inc.The Advantage had also had financial transactions with another real estate company in Singapore known as Real Beyond Pte. Ltd. having three subsidiaries in Malaysia. The investigation has unearthed that these transactions led to 16 land purchases in Thailand.The Advantage’s Singapore unit has set up a firm in British Virgin Island (BVI), namely Somerset Surridge Ltd. Advantage also invested 400,000 Singapore dollars in another BVI firm known as Full Innovations Ltd. It also has financial dealing with Geben Trading Limited in BVI and offices in Switzerland. This firm’s major transactions were through the famous Swiss Bank, namely UBS. The investigators got proofs of transactions in Dollars and Euro. The Advantage also has transaction of five million Singapore dollars with another firm in Singapore, namely Unison Global Investment Ltd.The Karti-controlled company in Singapore entered into joint ventures with Gravitas Investments, Match Point International Tennis Events to buy a franchise Tennis team called ‘Manila Mavericks’. This deal was worth of 12 million US dollars and the money was paid in 10 installments.Karti’s Singapore company also acquired a residential flat in Malaysia worth 1.9 million Malaysian Ringgits from a firm called Peninsular Smart. The probe team also found some agreement papers which shows that the Advantage holds franchisees of Café’ Coffee Day in some locations in Malaysia. The investigators have found several transactions to Karti’s Singapore firm with Malaysian companies. Malaysia is the head quarters of telecom giant Maxis which acquired Aircel in 2006. The IT and ED officers seized payment details amounting to more than Rs.30 crore in foreign currencies.The Advantage in Singapore also opened a subsidiary firm in Barcelona in Spain known as Advantage Estrategia Esportiva SLU in August 2012. This is a sports academy having four acres with seven tennis courts in Spain.Karti-linked Singapore firm has also one million US dollar investment in a company in France known as Pampelonn Organisation. The Advantage also has transactions with a Greek firm known as Pisani John Sakellarios in Athens.Karti’s firm Advantage Strategic Consulting Private Limited (ASCPL) had transactions with Aircel Televenutres, DCB Client, Diageo Scotland Limited, Katra Group, Sri Lanka Export Development Board, Unifi Wealth Management Ltd, VST Tillers Tractors, Carlton Trading Company, Claris Life Sciences’, ITC Centre, Best Land Realty Limited, Essar Steel Limited, Gokul Builders and Estates, S Kumar, INX Media, Reflections, Thiagarajar Mills Private Limited, Saksoft, EL Forge Limited.The Income Tax which seized hard disks from Karti’s companies also found that Karti used to get huge money as kickbacks in several Foreign Investment Promotion Board (FIPB) deals pending with father former Finance Minister P Chidambaram.On Sept 22, 2008, ASCPL received Rs.35 Lakh from INX Media (now known as News X TV Channel), which applied for FIPB clearance of 220 million dollar during the period. Same day another Rs.60 Lakh was paid from INX Media to Northstar Software Solutions Pvt Ltd. Major shares of this Northstar Software Solutions Pvt Ltd controlled by C B N Reddy, who is a Benami and Director of ASCPL and its Singapore subsidiary also. On Sept 24, 2008 another tranche of 20,000 Dollars were paid to ASCPL’s Singapore subsidiary by INX Media.On Sept 26, 2008, ASCPL had a money transaction of 50,000 dollars with Geben Trading Limited in Athens in Greece. This company’s address is 4 Zaf.Matsa Street, 14564 Athens, Greence and incorporated in British Virgin Islands (BVI). The money transactions of ASCPL also show to Geben Trading’s bank account in UBS, Geneva in Switzerland. The emails of banking transaction details were marked to Karti also and documents shows about a business takeover of healthcare and rehabilitation centers in Greece. All these transactions happened during the INX Media’s Foreign Direct Investment (FDI) approvals for 220 million dollar were pending with Karti’s father Finance Minister P Chidambaram. In short, the murder accused Peter and Indrani Mukherjea who sold their INX Media paid around 9 crores rupees to Karti linked firms for FIPB clearance.In August 2008, Karti’s Singapore company got 60 lakh shares in the media firm Network 18’s London based company Artevea Digital UK This deal happened when Network 18 applied for a series of FIPB clearances, when Chidambaram was the Finance Minister. This led to around 25 crores kickback for processing the FIPB clearance.The documents unearthed by Income Tax shows that ASCPL received money from many companies when their FDI investment files were with FIPB and Cabinet Committee on Economic Affairs (CCEA) during Chidambaram’s tenure as Finance Minister. The companies which transferred money to Karti’s ASCPL are Claris Life Sciences, Diageo Scotland Limited which acquired fugitive Vijay Mallya’s UB Spirits, Katra Group, Arcelor Mittal linked Saksoft, Reflections belong to Spark Capital Advisory Private Limited. As per the Income Tax Analysis Report, all these deals involve around Rs. 500 crores kickback to Karti linked companies for necessary FIPB and CCEA clearances during Chidambaram’s period in Finance Ministry.The documents seized from the raid also show that ASCPL received money from Best Land Realty, when the company got a Rs.304 crore loan from Public Sector Undertaking (PSU) Banks.In a bizarre incident, the British company Diageo Scotland Limited which acquired fugitive Vijay Mallya’s UB Spirits even paid 15,000 dollars as Service Charges to Karti’s ASCPL for fixing appointments with then Prime Minister Manmohan Singh, Finance Minister Chidambaram. Diageo’s emails thank Karti for fixing appointment of company owner Lord Blyth with Prime Minister Manmohan Singh, Finance Minister Chidambaram. The thanking email also attached the 15,000 dollar pay out receipt as Service Charges for fixing appointments with PM and FM. This is a clear case of abuse of power initiating case under Prevention of Corruption Act.Another clear case of favoritism to son’s company by abusing power by Chidambaram is – In September 2006, Russia’s National Industrial Bank (Nazprom) appoints Karti’s ASCPL as Business Consultant for their Joint Venture with Indian Overseas Bank. The documents seized by Income Tax included ASCPL’s agreement with Russian Bank Nazprom and Nazprom’s series of communications with IOB including the meetings in Chennai. The emails show that in each transactions with the Russian bank and PSU IOB, Karti’s ASCPL minted money in the form of consultancy. The Russian Bank’s agreement says Karti’s ASCPL’s Singapore subsidiary will get 5% as commission with all transactions with Indian Overseas Bank, apart from the initial 25,000 dollar processing fee.This is a clear case of abuse of power by Finance Minister Chidambaram to get a cut for son Karti’s company for each money transfer between PSU Bank IOB and Russian Bank Nazprom.Karti’s ASCPL also received huge money from a South African company Nicholas Stynes Associates Limited. This South African company was engaged in providing security to IPL Cricket and the money transactions with Karti’s company happened when Chidambaram was Home Minister.The documents also show that ASCPL got huge money as commission from Allianze Securities for sale of NABARD Bonds when Chidambaram was Finance Minister.The money was paid to Finance Minister Chidambaram from Karti’s Meltrack Ltd in relation to sale of shares and selling of huge tract of land in Mysore to VST Tillers & Tractors Limited. The land was mortgaged to Union Bank of India. P Chidambaram was shown as unsecured creditor to Meltrack Limited.A very interesting thing in all Karti companies including ASCPL – there are five common Directors like C B N Reddy, Bhaskar Raman, Mohanan Rajesh, Ravi Viswanathan and V Padma. The Income Tax found that all these five persons have entered into a curious WILL that they owe all properties and assets to Karti or his daughter Aditi in consideration of respect and love to P Chidambaram! This shows that these five persons are nothing but Benamis of Karti and P Chidambaram.