ED attaches Karti Chidambaram's properties worth Rs 11.04 cr in INX case
The Enforcement Directorate (ED) on Tuesday said it has attached properties to the tune of Rs 11.04 crore belonging to Congress MP Karti Chidambaram in the INX Media money laundering case, an official statement said here.
Out of four attached properties, one is an immovable asset located in Coorg district of Karnataka, the federal agency said in a statement.
The ED issued a provisional order, under the Prevention of Money Laundering Act (PMLA), for attaching the assets worth Rs 11.04 crore.
Karti Chidambaram, 51, is the son of former Union minister and senior Congress leader P Chidambaram and is a sitting Congress MP from Sivaganga Lok Sabha seat in Tamil Nadu.
He was arrested in the INX case by the ED as well as the Central Bureau of Investigation (CBI).
The ED had filed a criminal case under the PMLA in 2017 to probe alleged irregularities in the grant of FIPB approval to INX Media group.
INX Media got its FIPB (foreign investment promotion board) approvals in 2007-08 when P ..