The Enforcement Directorate attaches around Rs 54 crore worth properties and bank deposits of Karti Chidambaram in connection with the INX Media case. Properties include, Jor Bagh in New Delhi, bungalows in Ooty and Kodaikanal bungalows, a house in UK and property in Barcelona, Spain.
An FIR by CBI, filed on May 15 last year, had alleged irregularities in the Foreign Investment Promotion Board clearance to INX Media for receiving Rs 305 crore in overseas funds in 2007 when Karti's father, P Chidambaram was union finance minister.
The central probe agency issued a provisional order under the Prevention of Money Laundering Act for attachment of Indian assets in Kodaikanal and Ooty in Tamil Nadu and a flat in Delhi's Jorbagh. A cottage and house in Somerset in UK and a tennis club located in Barcelona, Spain have also been attached as part of the same order, the agency said.
Fixed Deposits worth Rs 90 lakh, kept in a bank in Chennai, in the name of Advantage Strategic Consulting Private Limited have also been attached, it said. The assets are in the name of Karti and ASCPL, the firm allegedly linked to him, it said.
"The attached assets collectively amount to Rs 54 crore," it said. The ED had registered a PMLA case in this deal case on the basis of a CBI FIR and had alleged that irregularities took place in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when his father P Chidambaram was the Union finance minister. The ED had grilled Karti in this case in the past.