Document Filed Against Chidambaram Father-Son in 65 Crore Shell Companies Case to Accelerate Trial
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Chidambaram Father-Son Duo in Trouble: ED Files Sanction Order in INX Media Case
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News18•26-02-2026, 20:16
Chidambaram Father-Son Duo in Trouble: ED Files Sanction Order in INX Media Case
•The Enforcement Directorate (ED) has filed a prosecution sanction order against P. Chidambaram in the INX Media money laundering case.
•This move is expected to expedite the trial against the former Union Finance Minister and his son Karti P. Chidambaram.
•Allegations include a 65 crore rupee bribe for FIPB clearance, routed through shell companies controlled by Karti Chidambaram.
•The illicit funds were laundered through shell companies like M/s Advantage Strategic Consulting Pvt. Ltd. and invested in other firms.
•The ED has already attached assets worth 64.97 crore rupees, and a Supreme Court ruling on public servant prosecution was addressed by obtaining timely sanction.
