The Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has dismissed the appeal filed by Karti P. Chidambaram, upholding the Enforcement Directorate's (ED) attachment of his assets and ruling that the delay in filing the prosecution complaint was protected by the Supreme Court's Covid-19 limitation orders.
The Enforcement Directorate (ED) on in 2023 attached properties to the tune of ₹11.04 crore belonging to Congress MP Karti Chidambaram in the INX money laundering case, an official statement said.
The ED said that out of four attached properties, one is an immovable asset located in Coorg district of Karnataka.
A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued against Mr. Karti, the statement said.
Enforcement Directorate files Prosecution Complaint against Karti Chidambaram, others
