SME Times News Bureau | 11 Oct, 2018
The Enforcement Directorate on Thursday said that it has attached
properties worth Rs 54 crore of former Union Finance Minister P.
Chidambaram's son Karti Chidambaram and Advantage Strategic Consulting
Pvt Ltd (ASCPL) in connection with its ongoing probe into the INX media
money laundering case.
A senior official of the financial probe agency told IANS: "We have attached six properties of Karti worth Rs 54 crore."
The
properties attached include a cottage worth Rs 8.67 crore in the UK's
Somerset, a tennis club and land located in Spain's Gava worth Rs 14
crore.
The ED also attached land and properties worth Rs 16 crore
in New Delhi's Jor Bagh area (Karti's mother Nalini Chidambaram is also
a stake holder of 50 per cent in the land), a bungalow in Tamil Nadu's
Ooty worth Rs 50 lakh and another one worth Rs 3.75 crore in Ooty and an
agricultural land worth Rs 25 lakh in Kodaikanal.
The ED has also attached properties belonging to Peter and Indrani Mukerjea in connection with the same case.
The properties were attached under the section of Prevention of Money Laundering Act (PMLA).
Karti
is facing probes by the ED and the Central Bureau of Investigation
(CBI) in several cases, including alleged irregularities in the Foreign
Investment Promotion Board clearance to then INX Media for FDI in 2007
and the Aircel-Maxis case in 2006 and a money laundering case.
The
ED and the CBI are probing how Karti managed to get clearance from the
Foreign Investment Promotion Board (FIPB) when his father was in office.
Karti
was arrested on February 28 by the CBI for allegedly taking money to
facilitate the FIPB clearance to INX Media in 2007. He was later granted
bail.
