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HC notice to Karti Chidambaram’s CA on ED plea

By Newsd
Updated on :
The Enforcement Directorate on Saturday conducted raids on senior Congress leader P. Chidambaram's son Karti's properties in Delhi and Chennai in connection with the INX Media money laundering case. The raids were being conducted at one location in Delhi and four in Chennai.The ED had registered a money laundering case against Karti in May 2017.
Source: newsworldindia

New Delhi: The Delhi High Court on Tuesday issued notice to the Chartered Accountant of Congress leader P. Chidambaram’s son Karti Chidambaram on an Enforcement Directorate plea seeking cancellation of his bail in the INX media money laundering case.

The court has listed the matter for hearing on August 16.

The Enforcement Directorate has challenged the trial court order which granted bail to co-accused S. Bhaskaraman on March 13. He was arrested on February 16 on charges of money laundering.

The agency alleged that Karti Chidambaram took money to facilitate a Foreign Investment Promotion Board (FIPB) clearance to INX Media in 2007 when his father was the Finance Minister in the United Progressive Alliance government.