- Sunday, February 23, 2025
By: Shubham Ghosh
India’s Enforcement Directorate (ED) on Tuesday (18) attached properties to the tune of Rs 11.04 crore (£1 million) belonging to Indian National Congress parliamentarian Karti Chidambaram in the INX money-laundering case, an official statement said.
The ED said that out of four attached properties, one is an immovable asset located in Coorg district of the southern state of Karnataka.
A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued against Karti, the statement said.
Karti, son of former Indian finance and home minister and senior Congress leader P Chidambaram, is a sitting MP from Sivaganga in Tamil Nadu, which was earlier represented by his father, and was arrested in the INX case both by the Central Bureau of Investigation as well as the 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 the finance minister in the previous Congress-led United Progressive Alliance government.
(With PTI inputs)
