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In October, the ED had attached assets of Karti Chidambaram worth  ₹54 crore under the PMLA in the ongoing probe in the INX Media case.
In October, the ED had attached assets of Karti Chidambaram worth 54 crore under the PMLA in the ongoing probe in the INX Media case.

ED quizzes Karti Chidambaram in INX Media case

  • Karti Chidambaram was questioned in connection with the alleged kickbacks received by him in the INX Media case
  • The Congress MP was summoned for questioning just months after it attached his assets in the matter

NEW DELHI : The Enforcement Directorate (ED) on Monday quizzed Congress member of Parliament Karti Chidambaram in connection with the alleged kickbacks received by him in the INX Media case.

The MP from Sivaganga was summoned for questioning before the agency just months after it attached his assets in the matter, an official familiar with the development confirmed.

The ED had in October attached assets of Karti Chidambaram worth 54 crore under the Prevention of Money Laundering Act (PMLA). This comes just weeks after his father and senior Congress leader P. Chidambaram was granted bail in the matter following 106 days in custody. In 2018, Karti Chidambaram was arrested in the case for allegedly receiving funds to the tune of 10 lakh.

The ED said it had attached assets of “Karti P. Chidambaram and his company Advantage Strategic Consulting Pvt. Ltd (ASCPL) in the INX Media case. The assets include immovable properties in India, UK and Spain apart from deposits in banks."

Karti Chidambaram has been accused of having received the kickbacks in 2007 to clear foreign investment worth 305 crore for INX Media, which was owned by Peter and Indrani Mukerjea, at a time when P. Chidambaram was finance minister under the United Progressive Alliance (UPA) government.

The INX Media case is being probed by both the Central Bureau of Investigation (CBI) and ED. CBI had registered an FIR in May 2017 for alleged irregularities in the FIPB clearance to INX Media.

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