ED issues notice to Karti Chidambaram for forex violations

Parijat Tripathi

The Enforcement Directorate 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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