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Attachment of Karti’s assets upheld
Hindustan Times Noida
|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.
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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