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Attachment of Karti’s assets upheld

Hindustan Times Delhi

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November 01, 2025

An appellate tribunal that deals with the money laundering cases has upheld the Enforcement Directorate’s attachment of senior Congress leader and former finance minister P Chidambaram’s son Karti Chidambaram’s properties including a Jor Bagh house and bank deposits worths several crores in connection with the INX Media case.

- HT Correspondent

The federal agency had, in October 2018, attached assets worth Rs 22 crore including Karti’s share (50%) in the Jor Bagh house and bank accounts in Chennai. The ED has alleged that P Chidambaram and his son Karti were the beneficial owners of several shell companies incorporated in India and abroad to transfer bribes for a Foreign Investment Promotion Board (FIPB) approval given to the INX Media group during the former's tenure as the Union finance minister.

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