The Enforcement Directorate has reportedly attached properties and bank deposits of Karti Chidambaram worth around Rs.54 crores in connection with the INX Media case.
ED attaches around Rs 54 crores worth properties and bank deposits of Karti Chidambaram in connection with INX Media case. Properties include,
Jor Bagh in New Delhi, Ooty & Kodaikanal bungalows, residence in UK and property in Barcelona pic.twitter.com/TTK31PMTTo
— ANI (@ANI) October 11, 2018
The assets attached were from India, England and Spain. Furthermore, as per reports, properties of Peter and Indrani Mukerjea were attached by the ED in connection with the same case. The properties that were attached include bungalows in Kodaikanal, Ooty and Delhi, and a tennis club in Spain.
Karti Chidambaram appeared defiant in wake of the action against him by the ED. He said in a tweet, “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.”
Utkarsh Anand, legal editor of CNN News18 has tweeted a list of the properties reportedly attached by ED.
Here’s the list of #Karti Chidambaram’s properties, including a #Delhi house with 50% share of P #Chidambaram, that have been attached by Enforcement Directorate today in connection with #INX Media case. pic.twitter.com/G44eBlw8UX
— Utkarsh Anand (@utkarsh_aanand) October 11, 2018
The alleged INX Media Scam revolves around allegations that Peter and Indrani Mukherjee received a foreign investment of about Rs 300 crores violating existing norms. It is alleged that Karti, the son of former Union Minister P Chidambaram, used his influence in the ministry to get clearance for INX Media, owned by the Mukherjes, from the Foreign Investment Promotion Board. Karti was arrested by the CBI in connection to the case earlier this year before being released on bail later.