30.7 C
Saturday, October 23, 2021


yes punjab punjabi redirection

Mera Ghar

Loan Waiver

Kisan Victims

Water Bills

Electricity Bills

Invest Punjab

Group D


PSSSB Chemical

Markfed Sept to Nov


Karti Chidambaram has tennis club in Spain, house in UK: ED

- Advertisement -

New Delhi, Aug 21, 2019-

Former Union Finance Minister P. Chidambaram’s son Karti Chidambaram bought a tennis club in Spain and cottages in Britain, the Enforcement Directorate (ED) claims.

The land and tennis club in Spain’s Barcelona is slated to be worth Rs 15 crore, the ED says, adding that Karti Chidambaram has also bought property in India and overseas worth Rs 54 crore.

The ED has reasons to believe the money with which they were purchased allegedly came from the bribe in INX Media deal, the case in which Chidambaram senior is embroiled and seeking exemption from arrest.

The ED wants to take the former minister in its custody to question him on the source of Karti Chidambaram’s funds. Both are accused in the INX Media money laundering case, and are also being probed in the multi-crore Aircel-Maxis Deal. Both the cases are being probed by Central Bureau of Investigation and the ED.

Both the Chidambarams are being charge sheeted right now and some of their properties too have been attached. The agencies have also attached Chidambaram’s posh Jor Bagh bungalow that is estimated to be of Rs 16 crore.

The former FM’s son also has a fixed deposit with the Indian Overseas Bank’s Nungambakkam branch in Chennai which has Rs 9.23 crore. He has another FD of Rs 90 lakh of Advantage Strategic Consulting Pvt Ltd (ASCPL) with the DCB Bank in Chennai. Both of them are being attached by the ED.

Another payments of Rs 3.09 crore by former media baron Peter Mukherjea, husband of Indrani Mukherjea – a co-accused in the INX Media case, to the ASCPL has been being detected by ED. The agency suspects that the transactions were controlled by none other than Karti Chidambaram himself.

As Chidambaram senior remains incommunicado, more details of the fortune of his son are tumbling out.  (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Security Force in Kashmir

Kashmir: A battle that has been laid off for far too long- by Amjad Ayub Mirza

On October 22, 1947 Pakistan attacked the State of Jammu and Kashmir. It was the beginning of a conflict that would leave thousands dead...
Indian Population

In the light of the population explosion debate – by Nirendra Dev

Mizoram has made news -- not necessarily for the wrong reasons but certainly for quite unexpected reasons. North-Eastern India generally makes news due to...
Terrorists Shadow

Tackling the resurgence of jihad in Kashmir – by Amjad Ayub Mirza

With three encounters taking place in less than 24 hours between October 10 and 11, terrorist insurgency has effectively resurged in the Kashmir Valley....


Health & Fitness

Breast Cancer

50% rise in breast cancer among middle-aged women in India: Report

New Delhi, Oct 22, 2021- Since the last three years, there has been a 50 per cent rise in middle-aged women (aged 35-50 years) reporting cases of breast cancer in India, said doctors at a private hospital here on Friday. The estimates are based on OPD records by doctors, the Indraprastha Apollo Hospitals said in a statement. "Based on our records...

Gadgets & Tech