Top
Begin typing your search above and press return to search.

Chidamabaram son's assets attached

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  26 Sep 2017 12:00 AM GMT

New Delhi, Sep 25: The Enforcement Directorate (ED) on Monday said it has attached Rs 1.16-crore worth of assets belonging to Congress leader P. Chidambaram’s son Karti who is being probed for recieving alleged kickbacks in getting FIPB clearance in the Aircel Maxis deal when his father was union Fince Minister. According to an ED official, the probe agency has issued a provisiol attachment order under the Prevention of Money Laundering Act (PMLA) and bank accounts and fixed deposits worth Rs 90 lakh were attached after he tried to “sell most of his assets and close certain bank accounts”. “During investigation, it was found that the FIPB (Foreign Investment Promotiol Board) approval given in the Aircel Maxis case was given by former Fince Minister P. Chidambaram beyond his mandate,” the official said. (IANS)

Next Story