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ED notice to Karti Chidambaram for Rs.45 crore forex violations.

ED notice to Karti Chidambaram for Rs.45 crore forex violations.

Monday, April 17, 2017, 3:22 PM

The Enforcement Directorate (ED) has issued a show-cause notice to Karti Chidambaram and a firm purportedly linked to him for alleged violations of the FEMA laws to the tune of Rs.45 crore.The agency also issued a similar notice, after over two-years of investigations, to another firm M/s Vasan Health Care Private Limited, which is based in Chennai, for alleged forex violations of Rs.2,262 crore.
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