ED attaches Rs 1.16 crore assets of Karti Chidambaram, firm allegedly linked to him
The Times of India, Pradeep Thakur, TNN, Updated: September 25, 2017 NEW DELHI: Former Finance Minister P Chidambaram came under direct attack from the Enforcement Directorate on Monday after the agency attached fixed deposits and bank balance amounting to Rs 1.16 crore of Karti P Chidambaram and his associated company in a money laundering case. The agency has accused Karti of having received monetary compensation in lieu of favours granted by his father to multi-national companies during his tenure as Finance Minister. The ED has attached movable assets to the tune of Rs 90 lakh held by Karti in the form of fixed deposits (FDs) and balance in saving bank accounts and another Rs 26 lakh in FDs and bank balances of a company (ASCPL) associated with him. In the Aircel-Maxis case, the ED has claimed that though the Aircel-Maxis FDI approval was for Rs 3,500 crore, the proposal was wrongly projected as an investment of Rs 180 crore so that it need not be sent to the