ED attaches Rs 1.16 crore assets of Karti Chidambaram

NEW DELHI (INDIA):The Enforcement Directorate (ED) on Monday attached assets worth Rs 1.16 crore of Karti Chidambaram, son of former finance minister P Chidambaram, and a firm allegedly linked to him in connection with its money laundering probe in the Aircel-Maxis deal.nnThe agency said it has issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) attaching assets “of Karti in the form of fixed deposits and balance in saving bank account to the tune of Rs 90 lakh approximately.”nnThe central probe agency added that another Rs 26 lakh fixed deposits in the name of a firm Advantage Strategic Consulting Private Limited (ASCPL) has also been attached under provisions of the anti-money laundering law.nnThis firm is allegedly linked to Karti and the Enforcement Directorate said it was “controlled” by him through another person.nnThe ED also alleged that Karti had “disposed” off a property in Gurgaon and had “closed certain bank accounts and attempted to close other bank accounts in order to frustrate the process of attachment” under the PMLA.nnThe agency is probing the Aircel-Maxis deal after taking cognisance of a CBI FIR in the case.