ED quizzes Karti Chidambaram on buying assets abroad via shell firms

ED quizzes Karti Chidambaram on buying assets abroad via shell firms

NEW DELHI: Karti Chidambaram, son of former Finance Minister P. Chidambaram, here on Monday, appeared before the Enforcement Directorate (ED) for questioning as summoned in connection with an alleged violation of the Prevention of Money Laundering Act (PMLA) in the INX media case. An ED official said Karti was summoned following new developments regarding his association with shell companies that received the siphoned off payments and invested that in properties abroad.

During the custodial interrogation of Chidambaram, the agency unearthed new evidence and thus Karti, the main accused in the case, was questioned, said the official. (IANS)

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