Home > Politics > ED attaches Rs 54-crore assets of Karti Chidambaram in INX Media case

ED attaches Rs 54-crore assets of Karti Chidambaram in INX Media case

NEW DELHI: The Enforcement Directorate on Thursday attached assets worth Rs 54 crore belonging to Karti Chidambaram, son Karti Chidambaram and his firm in India, the United Kingdom and Spain in connection with the INX Media money laundering case.

Six properties of Mr Karti Chidambaram worth Rs. 54 crore were attached during the raids, the agency said.  A senior official of the Enforce Directorate said: “We have attached six properties of Karti worth Rs. 54 crore.”

The assets in the Chennai bank are in the name of Karti Chidambaram and a firm called Advantage Strategic Consulting Private Limited, the Enforcement Directorate said. In May 2017, the Enforcement Directorate field a money laundering case against Karti Chidambaram, INX Media and its directors Indrani Mukerjea and Peter Mukerjea.

On Monday, a Delhi court had extended the interim protection from arrest granted to P Chidambaram and Karti till November 1 in connection with the Aircel-Maxis cases filed by the CBI and the ED.

This article was first published on http://www.wakeuppost.com.

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