Tuesday, October 27, 2020
Home Nation ED attaches Karti's assets worth Rs 54 crore in India, abroad

ED attaches Karti’s assets worth Rs 54 crore in India, abroad

- Advertisement -

The Enforcement Directorate (ED) on Thursday attached properties worth Rs 54 crore belonging to former finance minister P Chidambaram’s son Karti Chidambaram in connection with INX Media case.

- Advertisement -

The attached properties include bungalows located in New Delhi’s Jor Bagh, Ooty and Kodaikanal, along with a residence in the United Kingdom and a property in Spain’s Barcelona. The central probe agency has also attached fixed deposits worth Rs. 90 lakh.

Reacting to it, Karti termed the move “bizarre” and tweeted, “A bizarre and outlandish “Provisional Attachment Order” which is not based on law or facts but on crazy conjectures. This is meant only to grab “headlines”. The “order” will not withstand judicial scrutiny, review or appeal. Will approach the appropriate legal forum.”

- Advertisement -

Chidambaram and his son, Karti, have been under the scanner of the Central Bureau of Investigation (CBI) and ED in connection with the Foreign Investment Promotion Board (FIPB) clearance granted to INX Media, a venture promoted by former media mogul Peter Mukerjea and his wife, Indrani Mukerjea.

The alleged irregularities took place in 2007 when Chidambaram was the finance minister under the United Progressive Alliance (UPA) government.

In February 2018, Karti was arrested for his alleged role in the case. The court, however, granted him bail in March.

- Advertisement -

Most Popular

India has become an online hosting hub for child sex material

India has the largest number of child sexual abuse cases in the world. For every 155th minute a child, less than 16 years, is...

TV Actor Booked For Child Pornography; 1000 Minors Were Approached By The Accused

A coned man who was once a child actor in some not known TV serials was running an international child sex racket from Mumbai....

What The Health!

Hara-kiri is not a new word. The great Kalidas is infamous for cutting the same branch of the tree on which he was sitting....

Hottest DJ of India Living a Blissful life

For us humans socialising, attending various get-togethers, going for parties, festivals, celebrations, events etc play a very important role. It not only helps us...