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INX Media Case: ED attaches Karti's swanky homes

Officers said the assets include bank deposits and immovable properties in India, UK and Spain

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The Enforcement Directorate (ED) on Thursday attached assets worth Rs 54 crore belonging to Karti Chidambaram and his company in the INX Media case, under the Prevention of Money Laundering Act (PMLA). Officers said the assets include bank deposits and immovable properties in India, UK and Spain.

The properties include an agricultural land in Kodaikanal worth Rs 25 lakh, Colladia in Ooty (a bungalow valued at Rs 3.75 crore, another bungalow in Kothagiri, Ooty, worth Rs 50 lakh, and land and property in Jorbagh, New Delhi, worth Rs 16 crore. Some property is in the name of his company Advantage Strategic Consulting Pvt Ltd (ASCPL).

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