17.8 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 hits out at media, says he has no undeclared assets

- Advertisement -

New Delhi, Aug 27, 2019-

Karti Chidambaram, son of former Finance Minister P. Chidambaram, on Tuesday lashed out at the media for reporting about his alleged undeclared assets which he said did not exist.

“I have said this ad nauseam. My assets are all duly accounted for and disclosed in all statutory filings. I have contested two elections, one successfully. I am obligated to publicly declare my assets and I have done so,” Karti Chidambaram said in a statement.

“If the agencies, including the IT Department, had proof of ‘undeclared assets’ or ‘undisclosed sources of income’, they could have easily proceeded against me under the relevant provisions of law.

“Let me remind you that I am liable for disqualification from Parliament if I have misstated my assets,” he said.

Sarcastically, he called himself a “Politically Exposed Person”.

“The level of scrutiny that I have to go through to open bank accounts and transact business is onerous. There is absolutely no way that I could hold assets without provenance of source of funds.

“So, I ask TV anchors to be a bit more tempered in their coverage of ‘stories’ about my ‘global wealth’.

Meanwhile, his advocate Arshdeep Singh Khurana has expressed shock over alleged leaks that have led to speculation in sections of the media about the Chidambarams’ undeclared wealth.

“This seems to have been leaked with a view to sensationalise the matter and prejudice my client in the hearing scheduled before the Supreme Court tomorrow (Wednesday).

“We do not know even the sanctity of the affidavit and whether the same would be filed tomorrow. This seems to be an attempt to conduct a trial by media.”

Khurana asserted that Karti Chidambaram did not own any property or had any bank account abroad.

ED sources have said they had reasons to believe that the money with which the property abroad was purchased allegedly came from the bribe in the INX Media deal, the case in which Chidambaram senior is embroiled.  (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

Womens Health

41% of Indians unaware of examinations related to women’s health

New Delhi, Oct 23, 2021- Over the last one-and-a-half-year, people have been vocal about both mental and physical health in relationships. Even while miles away from one another, people kept checking on the health and well-being of their loved ones. However, one issue, i.e., breast cancer has been affecting women throughout the world, and it still needs much more...

Gadgets & Tech