INX media case: ED attaches Karti Chidambaram’s assets worth Rs 54 crore in India, UK, Spain

File photo of Karti Chidambaram. Photograph:( Zee News Network )

WION Web Team New Delhi, Delhi, India Oct 11, 2018, 11.52 AM (IST)

Enforcement Directorate attached assets of Karti Chidambaram -- son of former finance minister P Chidambaram -- worth Rs 54 crore in India, UK and Spain in INX media case.

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Attached properties include Jor Bagh in New Delhi, Ooty & Kodaikanal bungalows, residence in UK and property in Barcelona.

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

On September 28, the Delhi High Court has extended the interim protection of former Finance minister P Chidambaram in connection with the INX media case. 
He was granted interim protection from arrest until October 25.

On August 1, the court had extended his interim protection from arrest till September 28.

An anticipatory bail plea was filed by Chidambaram seeking protection from arrest by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).

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

(With inputs from news agencies)

Story highlights

Attached properties include Jor Bagh in New Delhi, Ooty & Kodaikanal bungalows, residence in UK and property in Barcelona.