New Delhi, Oct. 31 -- The Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) today dismissed an appeal filed by Congress MP Karti P. Chidambaram, thereby upholding the attachment of his properties, including a high-value bungalow in Delhi's upscale Jor Bagh area and several bank accounts, by the Enforcement Directorate (ED).
The tribunal, comprising Members Balesh Kumar and Rajesh Malhotra, ruled against Chidambaram, who had challenged a March 29, 2019 order that had confirmed a provisional attachment made by the ED in 2018.
The core of Chidambaram's legal argument was that the ED had filed its Prosecution Complaint (equivalent to a chargesheet) on June 1, 2020-430 days after the attachment was confirmed.
His counsel ...