Money-Laundering Case: ED Attaches Karti Chidamabaram’s Assets
Chennai: The Enforcement Directorate (ED) on Tuesday attached properties worth Rs 11.04 crore belonging to Congress MP Karti Chidambaram in the INX money-laundering case, reported PTI.
ED said that out of four attached properties, one is an immovable asset located in Karnataka’s Coorg district.
A provisional order under Prevention of Money Laundering Act (PMLA) has been issued against sitting Sivaganga MP Karti, ED informed.
Son of former Union Finance minister and senior Congress leader P Chidamabaram, Karti is a sitting MP from Sivaganga. He was arrested in the INX case by Central Bureau of Investigation (CBI) as well as ED.
The case pertains to alleged illegal gratification received ‘directly or indirectly’ from INX Media Pvt. Limited, to which Foreign Investment Promotion Board (FIPB) approval was granted during the tenure of his father as Union finance minister in the UPA government.
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