New Delhi: Indian National Congress (INC) MP Karti Chidambaram was ordered to vacate his New Delhi house by the Directorate of Enforcement (ED) on Wednesday, in connection with the INX Media corruption scandal. The property, situated in New Delhi’s Jor Bagh, was seized by ED officials in October 2018. The order also mandated that Chidambaram vacate the house within ten days of receiving the notice.
The Press Trust of India (PTI) reported that the property is currently registered under the names of Karti Chidambaram and his mother Nalini. Enforcement Directorate Counsel Nitesh Rana said, “The property will be at the disposal of the probe agency until further orders and kept intact for further proceedings under the act.”
It is alleged that Chidambaram had secured Rs. 305 crores in overseas funds for INX Media, despite obtaining a clearance from the Foreign Investment Promotion Board (FIPB) for only Rs. 4 crores. The violation is said to have taken place during the same time as his father P. Chidambaram’s term as Finance Minister of India.
Subsequently, the company’s founders Indrani and Peter Mukerjea had a money laundering case filed against them under the Prevention of Money Laundering Act (PMLA) by the law enforcement agency.