He allegedly took service charges for getting the Foreign Investment Promotion Board (FIPB) clearance to the INX Media for receiving funds from abroad worth Rs. 305 crore in 2007. That was a time when his father P. Chidambaram was the finance minister in the Congress-led UPA government.
The 46-year-old was allegedly not cooperating with the investigating agencies and hence, was taken into custody on his return from London on Wednesday morning.
The Patiala House Court, on February 26, sent S. Bhaskaran, Karti's chartered accountant, to 14-days judicial custody in connection with the case.(ANI)