Enforcement Directorate has issued show-cause notice to Karti Chidambaram and others for alleged forex violations to the tune of 45 crore rupees.
ED has also issued notice to a Chennai-based pharma firm for FEMA contraventions to the tune of 2,262 crore rupees. The Enforcement Directorate on April 2nd attached assets worth 11.57 crore rupees of Ziqitza Healthcare Ltd and its two directors. Former Union Finance Minister P. Chidambaram’s son Karti Chidambaram was also a director in the company.
