Karti Chidambaram is an Indian politician and businessman. He is the son of Chidambaram, a famous Indian politician.
Wiki/Biography
Karti Chidambaram was born on Tuesday, November 16, 1971 (52 years; as of 2023) in Madras (Chennai), Tamil Nadu. He received his primary education from Don Bosco College of Excellence, Egmore, Chennai. In 1993, he studied for a bachelor’s degree in business administration at the University of Texas at Austin in the United States, and in 1995 he was admitted to the University of Cambridge in the United Kingdom to study for a bachelor’s degree in law. 
He has enjoyed playing lawn tennis since he was a child. He played regularly and participated in many tennis tournaments and won many of them. Karti is the vice-president of the “Tamil Nadu Tennis Association”. He also served as the Vice-President of the All India Tennis Association.
appearance
Height (approximately): 5′11″
Weight (approximately): 90kg
Eye color: dark brown
Hair color: black
family, caste and wife
Karti Chidambaram belongs to the Nagarathar caste (also known as Chettiar). His father P. Chidambaram is a famous Indian politician. His mother, Nalini Chidambaram, is an advocate. He is married to Srinidi Rangarajan, a Bharatanatyam dancer and doctor at Apollo Hospitals. They have a daughter, Aditi Nalini Chidambaram.
Karti Chidambaram and his father P. Chidambaram
Karti Chidambaram with his mother (right), wife (left) and daughter (centre)
business career
Karti returned to India in 1996 after completing her studies. His father P. Chidambaram wanted him to join his law firm, but Karti joined a company called “Manali Petrochemicals Ltd.” Hold administrative positions. He had always been interested in doing business and soon he was founding several companies. He owns several companies in India and abroad.
political career
When Khadi returned from England, his father left the Indian National Congress and he formed his own party, the Tamil Manila Congress (TMC). He joined the party as a member and served as his father’s election manager. He contested the 2014 general election from Sivaganga constituency in Tamil Nadu but lost. In 2019, he again contested the Lok Sabha election from Sivaganga constituency in Tamil Nadu and won. He was elected to the 17th Lok Sabha.
dispute
- In May 2012, he was accused of having links to a company called “Advantage Strategy Consulting”, which was involved in illegal financial transactions.
- In November 2014, Tamil Nadu Congress Committee chief EVKS Elangovan slammed him for sharing the party’s internal issues with the media.
- In January 2015, Karti praised Prime Minister Narendra Modi’s political acumen. The Tamil Nadu Congress Committee came down heavily on his remarks.
- In April 2015, ‘Vasan Healthcare Group’, a company partly owned by Karti, was being investigated by the Enforcement Directorate (ED). The company reportedly violated India’s foreign direct investment policy and provided illegal assistance to a Mauritian investment firm called Sequoia Capital India.
- In August 2015, the ED summoned him in connection with the Aircel-Maxis case.
Karti Chidambaram summoned by Education Department
- In December 2015, the education department and the income tax department raided his office in connection with the Aircel-Maxis deal. While investigating the Aircel-Maxis deal, they also found files related to the ‘INX Media’ deal on his CA laptop.
- In February 2016, the Herald reported on his involvement in various international business activities and transactions, many of which involved tax havens.
Karti Chidambaram in Vanguard
- In April 2016, the “New Indian Express” claimed that he owned the company “Advantage Strategy Consulting” through several representatives (Benami).
- On May 16, 2017, India’s Central Bureau of Investigation (CBI) charged Karti Chidambaram with fraud, corruption and violation of India’s foreign direct investment policy.
Karti Chidambaram arrested
- He was arrested on February 28, 2018, from the Chennai Airport by the Special Cell of the Economic Crimes Wing of the CBI. P. Chidambaram was accused of conducting multiple illegal transactions and receiving kickbacks from “INX Media” after he awarded INR 305 Crore FDI to INX Media.
- On October 11, 2018, ED seized many properties of Karti in India, UK and Spain. The Education Ministry said the properties were worth INR 540 million and were related to the “INX Media” money laundering case.
Karti Chidambaram to be questioned in INX Media case
- In March 2024, the Enforcement Directorate (ED) charged him with receiving Rs. 50 lakh from Talwandi Sabo Power Limited, which is setting up a power project in Mansa, Punjab. The agency said the company hoped to regain access to Chinese visas through his father, then Union Home Minister P. Chidambaram. The investigating agency registered a money laundering case against Karti Chidambaram and others. On June 6, 2024, the Drillos Avenue Court granted him bail.
sign
assets and property
Cash: INR 3.54 LKR
Bank Deposits: INR 6.60 Crores
Jewelry: 40 grams of gold worth INR 1.22 Cr, one 3 carat diamond worth INR 90,000
Agricultural Land: South Coorg, Karnataka worth INR 3.6 Crore
Commercial Building: Chennai worth 95.48 Lacs INR
Commercial Building: Cambridge, UK worth INR 2.28 Crore
Residential Building: Jor Bagh, New Delhi worth INR 16.05 Crore
Salary and Net Worth
Salary: INR 1 + other allowances (as Member of Lok Sabha)
Net Worth: Rs 79.37 Cr (2019)
fact
- Karti Chidambaram enjoys reading and playing lawn tennis. He is also the general secretary of the Indian Tennis Players Association (ITPA).
- Controversy has persisted since Carty started his business.
Karti Chidambaram is brought for interrogation
- Whenever the media inquired about his and his father’s involvement in the “Aircel-Maxis” deal and the “INX Media” case, he always replied that the allegations were false and that they were being targeted out of political grudges. Bharatiya Janata Party.
This is a political persecution. Shameless media leaks are their go-to tactic @dir_ed I have no affiliation with INX or FIPB. All my assets and liabilities are formally declared in statutory and regulatory filings. I repeated this disgusting ad https://t.co/jBmkrxLNeX
— Karti P Chidambaram (@KartiPC) August 21, 2019
Categories: Biography
Source: HIS Education