September 4, 2026
#India #Top Stories

Karti’s Rs 54-crore assets attached in India, abroad

New Delhi
The Enforcement Directorate on Thursday attached assets worth Rs 54 crore of Karti Chidambaram, son of former Finance Minister P Chidambaram, in India, Spain and the UK in connection with a money laundering case related to INX Media.

Karti tweeted: “A bizarre and outlandish provisional attachment order which is not based on law of facts but on crazy conjectures. This is meant only to grab headlines.”
The assets, attached under the Prevention of Money Laundering Act , include a cottage worth Rs 8.67 crore in UK’s Somerset, a tennis club and land located in Spain’s Gava worth Rs 14 crore.

Besides the foreign properties, the ED attached land and properties worth Rs 16 crore in New Delhi’s Jor Bagh (Karti’s mother Nalini Chidambaram is a 50 per cent stakeholder in it), two bungalows in Tamil Nadu’s Ooty one worth Rs 50 lakh and another Rs 3.75 crore besides an agricultural land worth Rs 25 lakh in Kodaikanal in Tamil Nadu.

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