The probe details coming out of the recent raids expose massive wealth acquired by Karti during 2006 to 2014 when his father was Finance Minister and Home Minister at the Centre. Karti’s Singapore firm acquired 88 acres in September 2011 at Surridge Farm in Somerset in the UK for one million Pounds. The deal comprises four land titles, which were seized by joint probe team of ED and I-T. Karti’s company in Singapore also has investments in Artevea Digital Limited in Cambridge and has transactions with another London-based company Oppenheimer Investments (UK) Limited.
And that is the tip of a very large iceberg, vide this story in The Pioneer on Karthi Chidambaram’s empire.
Question is, will the probe go the distance? Or will — as happens distressingly often — some back-room deal sweep this under the carpet?