An appellate tribunal under the Prevention of Money Laundering Act has dismissed an appeal filed by Congress MP Karti P Chidambaram against the Enforcement Directorate attaching his properties and bank accounts in the INX Media money laundering case , Bar and Bench reported.

The central agency had attached several of the MP’s bank accounts and his share in a South Delhi property in an order issued in October 2018. A year later, the adjudicating authority under the PMLA upheld the attachment of the properties.

The case pertains to alleged irregularities in the clearance of the Foreign Investment Promotion Board’s Foreign Direct Investment – the government’s approval for foreign investment – to INX Media in 2007 when P Chidambaram, the father of Karti Chidambaram, was the Union

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