• Monday, August 15, 2022

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INX Media PMLA Case: India’s ED Attaches Karti’s Assets Worth £5.52 Million in India, UK And Spain

INX Media PMLA Case: India’s ED Attaches Karti’s Assets Worth £5.52 Million in India, UK, Spain (Photo Courtesy: ANI).

By: Radhakrishna N S

India’s law enforcement and economic intelligence agency, Enforcement Directorate (ED) has said on Thursday (11) that it has attached the properties worth Rs 540 million (£5.52m) of Karti Chidambaram in India, UK, and Spain in connection with the INX Media money laundering case. Karti is the son of former Indian finance minister, P Chidambaram. The ED has attached the assets in three counties in connection with the INX Media money laundering case in which Karti is allegedly involved. The investigation agency has issued a provisional order under the Prevention of Money Laundering Act (PMLA) for the attachment of the farmland and bungalow…

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