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Palaniappan Chidambaram (born 16 September 1945), better known as P. Chidambaram, is an Indian politician and
lawyer A lawyer is a person who practices law. The role of a lawyer varies greatly across different legal jurisdictions. A lawyer can be classified as an advocate, attorney, barrister, canon lawyer, civil law notary, counsel, counselor, solic ...
who currently serves as
Member of Parliament, Rajya Sabha A Member of Parliament in the Rajya Sabha (abbreviated: MP) is the representative of the Indian states to the one of the two houses of the Parliament of India (Rajya Sabha). Rajya Sabha MPs are elected by the electoral college of the elected ...
. He served as the Chairman of the Parliamentary Standing Committee on Home Affairs from 2017 to 2018. Chidambaram has served as the Union
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
four times. Most recently, he held the role for the entirety of the
United Progressive Alliance United Progressive Alliance (UPA) is a centre-left political alliance of predominantly left-leaning political parties in India. It was formed after the 2004 general election with support from left-leaning political parties when no single party ...
government from 2004 to 2014, except for a three-year period as Minister of Home Affairs, during which he oversaw India's domestic security response to the 26/11 terrorist attack in Mumbai. Chidambaram returned as Finance Minister in July 2012, succeeding
Pranab Mukherjee Dr. Pranab Mukherjee (11 December 193531 August 2020) was an Indian politician and statesman who served as the 13th president of India from 2012 until 2017. In a political career spanning five decades, Mukherjee was a senior leader in the India ...
, who resigned to become the
President of India The president of India ( IAST: ) is the head of state of the Republic of India. The president is the nominal head of the executive, the first citizen of the country, as well as the commander-in-chief of the Indian Armed Forces. Droupadi Murmu ...
.


Early life and education

Chidambaram was born to Kandanur L. Ct. L. Palaniappa
Chettiar Chettiar (also spelt as Chetti and Chetty)is a title used by many traders, weaving, agricultural and land-owning castes in South India, especially in the states of Tamil Nadu, Kerala and Karnataka. They are a subgroup of the Tamil community ...
and Lakshmi Achi in Kanadukathan in the Sivaganga district in the state of
Tamil Nadu Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India ...
, India. His maternal grandfather was Raja Sir
Annamalai Chettiar ''Diwan Bahadur'' Sir Satappa Ramanatha Muttaiya Annamalai Chettiar, Raja of Chettinad KCSI (30 September 1881 – 15 June 1948) was an Indian industrialist, banker, educationist and philanthropist from Tamil Nadu. He is the founder of Annama ...
, a wealthy merchant and banker from Chettinad. Chidambaram did his schooling at the Madras Christian College Higher Secondary School,
Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...
he passed the one-year pre-University course from Loyola College, Chennai. After graduating with a BSc degree in statistics from the Presidency College, Chennai, he completed his
Bachelor of Laws Bachelor of Laws ( la, Legum Baccalaureus; LL.B.) is an undergraduate law degree in the United Kingdom and most common law jurisdictions. Bachelor of Laws is also the name of the law degree awarded by universities in the People's Republic of Chi ...
from the Madras Law College (now Dr. Ambedkar Government Law College) and his MBA from
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
in the class of 1968. He also holds a master's degree from Loyola College, Chennai. During this time his politics inclined to the left and in 1969 he joined
N. Ram Narasimhan Ram (born 4 May 1945) is an Indian journalist and a prominent member of the Kasturi family that controls The Hindu Group of publications. Ram was the managing-director of ''The Hindu'' since 1977 and its editor-in-chief since 27 Ju ...
, later an editor of ''
The Hindu ''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the secon ...
'', and the women's activist
Mythili Sivaraman Mythili Sivaraman (14 December 1939 – 30 May 2021) was an Indian women's rights and trade union activist. She was a co-founder of All India Democratic Women's Association and leader in the Communist Party of India (Marxist). Through her writi ...
in starting a journal called the ''Radical Review''. Chidambaram has two brothers and one sister.P Chidambaram Biography – About family, political life, awards won, history
Elections.in. Retrieved on 18 August 2016.
His father's business interests covered textiles, trading and plantations in India. He chose to concentrate on his legal practice and stayed away from the family business. He enrolled as a lawyer in the
Madras High Court The Madras High Court is a High Court in India. It has appellate jurisdiction over the state of Tamil Nadu and the union territory of Puducherry. It is located in Chennai, and is the third oldest high court of India after the Calcutta High C ...
, becoming a senior advocate in 1984. He had offices in
Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
and Chennai and practiced in the
Supreme Court A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of ...
and various high courts of India.


Political career

Chidambaram was elected to the
Lok Sabha The Lok Sabha, constitutionally the House of the People, is the lower house of India's bicameral Parliament, with the upper house being the Rajya Sabha. Members of the Lok Sabha are elected by an adult universal suffrage and a first-past ...
(lower house) of the
Indian Parliament The Parliament of India ( IAST: ) is the supreme legislative body of the Republic of India. It is a bicameral legislature composed of the president of India and two houses: the Rajya Sabha (Council of States) and the Lok Sabha (House of the ...
from the
Sivaganga Sivaganga () is a city and headquarters of the Sivaganga district in the Indian state of Tamil Nadu. Sivaganga is a rani velunachiyar kingdom of Tamil Nadu. It is an important city in this district for official and commercial purposes. Its ni ...
constituency of
Tamil Nadu Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India ...
in general elections held in 1984. He was a union leader for MRF and worked his way up in the Congress party. He was the Tamil Nadu
Youth Congress The Indian Youth Congress is the youth wing of the Indian National Congress party. The Indian Youth Congress was a department of the Indian National Congress from the period just after the Partition of India in 1947 until the late 1960s. While p ...
president and then the general secretary of the
Tamil Nadu Pradesh Congress Committee Tamil Nadu Congress Committee (TNCC) is the wing of Indian National Congress serving in Tamil Nadu. The current president is K.S. Alagari. Social policy of the TNCC is officially based upon the Gandhian principle of Sarvodaya (upliftment of all ...
unit. He was inducted into the Union (Indian federal) Council of Ministers in the government headed by Prime Minister
Rajiv Gandhi Rajiv Gandhi (; 20 August 1944 – 21 May 1991) was an Indian politician who served as the sixth prime minister of India from 1984 to 1989. He took office after the 1984 assassination of his mother, then Prime Minister Indira Gandhi, to beco ...
on 21 September 1985 as a Deputy Minister in the Ministry of Commerce and then in the Ministry of Personnel. His main actions during his tenure in this period was to control the price of tea and he has been criticized by the
Government of Sri Lanka The Government of Sri Lanka (GoSL) ( si, ශ්‍රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the is ...
for destroying the Sri Lankan tea trade by fixing the prices of the commodity in India using state power. He was elevated to the rank of Minister of State in the Ministry of Personnel, Public Grievances and Pensions in January 1986. In October of the same year, he was appointed to the Ministry of Home Affairs as Minister of State for Internal Security. He continued to hold both offices until general elections were called in 1989. The
Indian National Congress The Indian National Congress (INC), colloquially the Congress Party but often simply the Congress, is a political party in India with widespread roots. Founded in 1885, it was the first modern nationalist movement to emerge in the British Em ...
government was defeated in the general elections of 1989. In June 1991, Chidambaram was inducted as a Minister of State (Independent Charge) in the Ministry of Commerce, by the then Prime Minister Mr P V Narasimha Rao; a post he held till July 1992. He was later re-appointed Minister of State (Independent Charge) in the Ministry of Commerce in February 1995 and held the post until April 1996. He made some radical changes in India's export-import (EXIM) policy, while at the Ministry of Commerce. In 1996, Chidambaram quit the Congress party and joined a breakaway faction of the
Tamil Nadu Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India ...
state unit of the
Congress party The Indian National Congress (INC), colloquially the Congress Party but often simply the Congress, is a political party in India with widespread roots. Founded in 1885, it was the first modern nationalist movement to emerge in the British Em ...
called the
Tamil Maanila Congress The Tamil Maanila Congress (Moopanar) (; TMC(M)) is an Indian regional political party in the state of Tamil Nadu. It is founded by the former Member of Parliament of the Republic of India G. K. Moopanar on 29 March 1996 as a breakaway fac ...
(TMC). In the general elections held in 1996, TMC along with a few national and regional level opposition parties, formed a coalition government. The coalition government came as a big break for Chidambaram, who was given the key cabinet portfolio of Finance. His 1997 budget is still remembered as the dream budget for the Indian economy. The coalition government was a short-lived one (it fell in 1998), but he was reappointed to the same portfolio in the government formed by Prime Minister Manmohan Singh in 2004. In 1998, the
Bharatiya Janata Party The Bharatiya Janata Party (BJP; ; ) is a political party in India, and one of the two major Indian political parties alongside the Indian National Congress. Since 2014, it has been the ruling political party in India under Narendra Modi ...
(BJP) took the reins of the government for the first time and it was not until May 2004 that Chidambaram would be back in government. Chidambaram became Minister of Finance again in the Congress party led
United Progressive Alliance United Progressive Alliance (UPA) is a centre-left political alliance of predominantly left-leaning political parties in India. It was formed after the 2004 general election with support from left-leaning political parties when no single party ...
government on 24 May 2004. During the intervening period Chidambaram made some experiments in his political career, leaving the TMC in 2001 and forming his own party, the
Congress Jananayaka Peravai Congress Jananayaka Peravai (Congress Democratic Front) was a political party in the Indian state of Tamil Nadu. It was founded in 2001 by former union finance minister P. Chidambaram, as a splinter group of the Tamil Maanila Congress, when the ...
, largely focused on the regional politics of Tamil Nadu. The party failed to take off into mainstream Tamil Nadu or national politics. Just before the elections of 2004, he merged his party with the mainstream Congress party and when the Congress won the election, he was inducted into the Council of Ministers under the new Prime Minister Manmohan Singh as cabinet Minister of Finance. On 30 November 2008, he was appointed the Union
Home Minister The Minister of Home Affairs (or simply, the Home Minister, short-form HM) is the head of the Ministry of Home Affairs of the Government of India. One of the senior-most officers in the Union Cabinet, the chief responsibility of the Home Minist ...
following the resignation of
Shivraj Patil Shivraj Vishwanath Patil (born 12 October 1935) is an Indian politician who was the Minister of Home Affairs of India, from 2004 to 2008 and 10th Speaker of the Lok Sabha from 1991 to 1996. He was Governor of the state of Punjab and Administra ...
who had come under intense pressure to tender his resignation following a series of terror attacks in India, including the
Mumbai attacks Terrorism in India, according to the Ministry of Home Affairs (India), Home Ministry, poses a significant threat to the people of India. Compared to other countries, India faces a wide range of terror groups. Terrorism found in India includ ...
on 26 November 2008. He has been credited with taking the bold decision of prioritising elections above corporate demands to deploy security for the
2009 Indian Premier League The 2009 Indian Premier League season, abbreviated as IPL 2 or the 2009 IPL, was the second season of the Indian Premier League, established by the Board of Control for Cricket in India (BCCI) in 2007. The tournament was hosted by South Africa an ...
. In 2009, Chidambaram was re-elected from the
Sivaganga Sivaganga () is a city and headquarters of the Sivaganga district in the Indian state of Tamil Nadu. Sivaganga is a rani velunachiyar kingdom of Tamil Nadu. It is an important city in this district for official and commercial purposes. Its ni ...
Lok Sabha constituency in the Congress and retained the Home ministry. He was one of the representatives of the central government when a tri-party agreement was signed with the Gorkha Hill Council and the
Government of West Bengal The Government of West Bengal also known as the West Bengal Government, is the subnational government of the Indian state of West Bengal , created by the National Constitution as the state's legislative, executive and judicial authority. The ...
, an agreement which was a result of
Mamata Banerjee Mamata Banerjee (; born 5 January 1955) is an Indian politician who is serving as the eighth and current List of chief ministers of West Bengal, chief minister of the States and union territories of India, Indian state of West Bengal since 20 ...
's effort to end a decade long unrest in the hills of
Darjeeling Darjeeling (, , ) is a town and municipality in the northernmost region of the Indian state of West Bengal. Located in the Eastern Himalayas, it has an average elevation of . To the west of Darjeeling lies the easternmost province of Nepal, ...
."Historic pact paves way for peace in Darjeeling hills"
''The Times of India''. Retrieved 1 November 2011.
The Indian National Congress appointed P. Chidambaram as one of thirteen senior spokespersons on 15 September 2014. He ceded his seat to his son Karti in 2014, which resulted in electoral defeat for his son. In 2016, he was elected as an MP of the
Rajya Sabha The Rajya Sabha, constitutionally the Council of States, is the upper house of the bicameral Parliament of India. , it has a maximum membership of 245, of which 233 are elected by the legislatures of the states and union territories using si ...
, the upper house of Indian parliament from the state of
Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...
. ;Parliamentary Committee assignments * 13 Sept. 2021 onwards: Member
Committee on External Affairs The Parliamentary Standing Committee on External Affairs is a department related standing committee (DRSC) of selected members of parliament, constituted by the Parliament of India, for the purpose of legislative oversight of the foreign poli ...
.


Own party

Congress Jananayaka Peravai, formerly TMC Janayaka Peravai (Congress Democratic Front) was a
political party A political party is an organization that coordinates candidates to compete in a particular country's elections. It is common for the members of a party to hold similar ideas about politics, and parties may promote specific political ideology ...
in the
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
n state of
Tamil Nadu Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India ...
. It was founded in 2001 by former union finance minister P. Chidambaram, as a splinter group of the
Tamil Maanila Congress The Tamil Maanila Congress (Moopanar) (; TMC(M)) is an Indian regional political party in the state of Tamil Nadu. It is founded by the former Member of Parliament of the Republic of India G. K. Moopanar on 29 March 1996 as a breakaway fac ...
, when the TMC allied itself with the All India Anna Dravida Munnetra Kazhagam.
2001 Tamil Nadu Legislative Assembly election The twelfth legislative assembly election of Tamil Nadu was held on 10 May 2001. All India Anna Dravida Munnetra Kazhagam (AIADMK)-led front won the elections and its general secretary, J. Jayalalithaa was sworn in as Chief Minister, even though ...
P. Chidambaram other side Party DMK- BJP (
NDA NDA may stand for: Military * National Defence Academy (India), a military academy in India * National Defence Act, legislation for organizing and funding Canada's military * National Defense Academy of Japan, a military academy in Japan * Nig ...
) Joint Meet to Assembly election.In October 2001, the party renamed itself as Congress Janayaka Peravai by dropping the TMC prefix. In the
2004 Lok Sabha elections General elections were held in India in four phases between 20 April and 10 May 2004. Over 670 million people were eligible to vote, electing 543 members of the 14th Lok Sabha. Seven states also held assembly elections to elect state governme ...
Chidambaram ran as the
Indian National Congress The Indian National Congress (INC), colloquially the Congress Party but often simply the Congress, is a political party in India with widespread roots. Founded in 1885, it was the first modern nationalist movement to emerge in the British Em ...
candidate from Sivagangai, and won with 400 393 votes (60,01%). On 25 November 2004 CJP merged into the Indian National Congress. Discussions about a merger had taken place during a long time, but the merger was resisted by the Tamil Nadu Congress leadership. In the end the merger was pushed through by the national Congress leadership.


Family and personal life

Chidambaram's mother, Lakshmi Acchi, was the daughter of
Sir Annamalai Chettiar ''Diwan Bahadur'' Sir Satappa Ramanatha Muttaiya Annamalai Chettiar, Raja of Chettinad KCSI (30 September 1881 – 15 June 1948) was an Indian industrialist, banker, educationist and philanthropist from Tamil Nadu. He is the founder of Annama ...
, a banker and merchant, and was granted the title of ''Raja'' by British. Annamalai Chettiar was the founder of
Annamalai University , logo = CampusmapofAU.jpg , image = Annamalai University logo.png , image_size = 225px , motto = "With Courage and Faith" , established = , type ...
and
United India Insurance Company United India Insurance Company is a Public Sector Undertakings in India, central public sector undertaking under the ownership of Ministry of Finance (India), Ministry of Finance, & Government of India. Its headquarters is located in Chennai, ...
Limited. His brother, Ramaswami Chettiar, was the founder of the Indian Bank and the co-founder of another major bank, the
Indian Overseas Bank Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. It has about 3,214 domestic branches, about 4 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin object ...
. He is married to Nalini Chidambaram, daughter of Justice (Retd.) Palapatti Sadaya Goundar Kailasam, of the Supreme Court, and Mrs. Soundra Kailasam, a renowned Tamil poet and author. Nalini Chidambaram is a senior advocate practising in the
Madras High Court The Madras High Court is a High Court in India. It has appellate jurisdiction over the state of Tamil Nadu and the union territory of Puducherry. It is located in Chennai, and is the third oldest high court of India after the Calcutta High C ...
and the
Supreme Court of India The Supreme Court of India ( IAST: ) is the supreme judicial authority of India and is the highest court of the Republic of India under the constitution. It is the most senior constitutional court, has the final decision in all legal matters ...
. He has a son, Karti P. Chidambaram, who graduated with a BBA degree from the University of Texas, Austin, and a
Masters in Law A Master of Laws (M.L. or LL.M.; Latin: ' or ') is an advanced postgraduate academic degree, pursued by those either holding an undergraduate academic law degree, a professional law degree, or an undergraduate degree in a related subject. In mos ...
from the
University of Cambridge , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...
. Karti, a member of the Congress Party's AICC, is active in
Tamil Nadu Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India ...
state politics. Karti is married to Dr. Srinidhi Rangarajan, a well-known
Bharathanatyam Bharatanatyam () is a major form of Indian classical dance that originated in Tamil Nadu. It is one of the eight widely recognized Indian classical dance forms, and expresses South Indian religious themes and spiritual ideas, particularly of ...
dancer and medical doctor, working with the Apollo Group of Hospitals in
Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...
. Karti and Srinidhi have a daughter, Aditi Nalini Chidambaram.


Health Issues

He suffers from a medical condition referred to as
crohn's disease Crohn's disease is a type of inflammatory bowel disease (IBD) that may affect any segment of the gastrointestinal tract. Symptoms often include abdominal pain, diarrhea (which may be bloody if inflammation is severe), fever, abdominal distension ...
.


Controversies

The Voluntary Disclosure of Income Scheme (VDIS) 1997, which he announced when he was Finance Minister with the United Front government, was condemned by the Controller and Auditor General of India as abusive because of the loopholes that made it possible to fudge data to the financial advantage of the confessor. Chidambaram was criticised for his ministry's failure to prevent the
2011 Mumbai bombings The 2011 Mumbai bombings, also known as 13/7, were a series of three coordinated bomb explosions at different locations in Mumbai, India, on 13 July 2011 between 18:54 and 19:06 IST. The blasts occurred at the Opera House, at Zaveri Bazaar and ...
, despite massive investments in security following the
2008 Mumbai attacks The 2008 Mumbai attacks (also referred to as 26/11, pronounced "twenty six eleven") were a series of Terrorism, terrorist attacks that took place in November 2008, when 10 members of Lashkar-e-Taiba, an Islamist terrorist organisation from P ...
. Three years after the 2008 attacks, security preparations were proven to be inadequate with channel breakdown and failures in modernising, procuring, and installing security equipment. Chidambaram defended the agencies under his ministry against the charge of intelligence failure with the response which was later ridiculed by many people in India and its media: Tamil Nadu Chief Minister Jayaram Jayalalithaa wrote to the Chief Election Commissioner in 2011 that data entry operators at Sivaganga had transferred 3,400 votes polled by Kannappan from 11 polling stations in Chidambaram's favour. News reports suggest that on May 16, 2009, the AIADMK candidate Raja Kannappan was declared elected by 3555 votes at 12.30 pm, and the news was also broadcast on television. But in a dramatic reversal a few hours later, P Chidambaram was declared elected by 3354 votes at 4.30 pm, and was confirmed as the winner after a recount at 8.30 pm. On 7 April 2009, Chidambaram was
assaulted An assault is the act of committing physical harm or unwanted physical contact upon a person or, in some specific legal definitions, a threat or attempt to commit such an action. It is both a crime and a tort and, therefore, may result in crim ...
by
Sikh Sikhs ( or ; pa, ਸਿੱਖ, ' ) are people who adhere to Sikhism, Sikhism (Sikhi), a Monotheism, monotheistic religion that originated in the late 15th century in the Punjab region of the Indian subcontinent, based on the revelation of Gu ...
journalist Jarnail Singh during a press conference in
Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
on the issue of a "clean chit" to
Jagdish Tytler Jagdish Tytler (born Jagdish Kapoor; 17 August 1944) is an Indian politician and former Member of Parliament. He has held several government positions, the last being as Minister of State for Overseas Indian Affairs, a post from which he resigne ...
. Singh, who writes for the
Hindi Hindi (Devanāgarī: or , ), or more precisely Modern Standard Hindi (Devanagari: ), is an Indo-Aryan language spoken chiefly in the Hindi Belt region encompassing parts of northern, central, eastern, and western India. Hindi has been de ...
daily newspaper '' Dainik Jagaran'' was dissatisfied with Chidamabaram's answer to a question on the
Central Bureau of Investigation The Central Bureau of Investigation (CBI) is the premier investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmen ...
's (CBI) "clean chit" regarding Jagdish Tytler's involvement in the
1984 anti-Sikh riots The 1984 Anti-Sikh Riots, also known as the 1984 Sikh Massacre, was a series of organised pogroms against Sikhs in India following the assassination of Indira Gandhi by her Sikh bodyguards. Government estimates project that about 2,800 Sikhs ...
. It was the first shoe throwing incident in India. Chidambaram was part of Vedanta's legal team and on its board before becoming finance minister in 2004 2 In 2002, a year before UK's Financial Services Authority allowed Sterlite to reconstitute itself as Vedanta Resources Plc, the Enforcement Directorate (ED) served a show-cause notice on three of Chairman Anil Agarwal's family. The notice was a demand that Sterlite directors answer allegations about using their holding companies-Volcan and Twinstar-to avoid paying taxes on forex transactions. It was a polite way of saying there was prima facie evidence, dating back to 1993, that the Agarwals were guilty of money laundering. For seven years the case dragged on in courts as Sterlite employed top lawyers to use every possible delaying tactic. P. Chidambaram argued in Sterlite's defence in a 2003 Bombay High Court case related to the ED's allegations. The following year, Chidambaram found himself appointed non-executive director on the board of Vedanta Resources Plc. And very soon, he became finance minister in UPA 1. Former Union Minister and Senior Advocate Ram Jethmalani's letter to Chidambaram on 6 December 2013 accused him of acting in collusion with the NDTV and laundering Rs 5000 crores of money through Mauritius route back to India.


INX Media, Aircel-Maxis case

In 2006, political leader Dr. Subramanian Swamy alleged that a company controlled by
Karti Chidambaram Karti Chidambaram (born 16 November 1971) is an Indian politician and businessman. A member of the Indian National Congress, he serves as the Member of Parliament for Sivaganga in the Lok Sabha. He was elected in the 2019 Indian general elect ...
, the son of
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
P. Chidambaram, received a five-percent share of Aircel to get part of 40 billion paid by Maxis Communications for the 74-percent share of Aircel. According to Swamy, Chidambaram withheld
Foreign Investment Promotion Board The Foreign Investment Promotion Board (FIPB) was a national agency of Government of India, with the remit to consider and recommend foreign direct investment (FDI) which does not come under the automatic route. India attract net inward foreign d ...
clearance of the deal until his son received the five-percent share in Siva's company. The issue was raised a number of times in
Parliament In modern politics, and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...
by the opposition, which demanded Chidambaram's resignation. Although Chidambaram and the then ruling Congress government denied the allegations, '' The Pioneer'' and ''
India Today ''India Today'' is a weekly Indian English-language news magazine published by Living Media India Limited. It is the most widely circulated magazine in India, with a readership of close to 8 million. In 2014, ''India Today'' launched a new onl ...
'' reported the existence of documents showing that Chidambaram delayed approval of the
foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct co ...
proposal by about seven months. It was alleged that Chidambaram's son, Karti was a direct beneficiary of the
2G spectrum case The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance coalition government India were involved in selling or allotting 122 2G spectrum licenses on conditions that provi ...
. His company, Advantage Strategic Consulting had a five per cent stake in Aircel Televentures, even as his father P Chidambaram, as Finance minister, was alleged to have offered FIPB clearance for the Aircel-Maxis deal only if his son's company, Advantage Strategic Consulting, got shares in Aircel Ventures. The Enforcement Directorate is currently investigating his involvement in Aircel deal. In 2012, and, subsequently, in 2016, information of wide-scale corruption by Chidambaram's son
Karti Chidambaram Karti Chidambaram (born 16 November 1971) is an Indian politician and businessman. A member of the Indian National Congress, he serves as the Member of Parliament for Sivaganga in the Lok Sabha. He was elected in the 2019 Indian general elect ...
and Robert Vadra, with the help of his father's position, including through the AirtelMaxis deal and the
Uttar Pradesh NRHM scam Uttar Pradesh NRHM Scam is an alleged corruption scandal in the Indian state of Uttar Pradesh, in which top politicians and bureaucrats are alleged to have siphoned off a massive sum estimated at from the National Rural Health Mission, a central ...
, was unveiled in prominent newspapers and media in India. Simultaneously, Chidambaram and his son Karti have been dogged with allegations of corruption, misuse of position, insider trading and
money laundering Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions ...
.


Imprisonment

On 20 August 2019, the Delhi High Court dismissed both anticipatory bail pleas of Chidambaram in connection with corruption charges in the INX Media case during his tenure as Finance minister in UPA Government. On 21 August, he appeared at the Congress HQ and addressed a press conference stating that he was "not accused"; however, he left the place, and, later, he was arrested by the
Central Bureau of Investigation The Central Bureau of Investigation (CBI) is the premier investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmen ...
and
Enforcement Directorate The Directorate of Enforcement (ED) is a law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India. It is part of the Department of Revenue, Ministry of Finance, Gover ...
at his home. On 5 September 2019,
Supreme Court A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of ...
dismissed his appeal against rejection of anticipatory bail plea by Delhi High Court. The Special Court ordered Chidambaram to stay in
judicial custody The judiciary (also known as the judicial system, judicature, judicial branch, judiciative branch, and court or judiciary system) is the system of courts that adjudicates legal disputes/disagreements and interprets, defends, and applies the law ...
in
Tihar Jail Tihar Prisons, also called Tihar Jail and Tihar Ashram, is a prison complex in India and the largest complex of prisons in South Asia. Run by Department of Delhi Prisons, Government of Delhi, the prison contains nine central prisons, and is one ...
for 14 days. On 4 December he was granted bail by the supreme court.


Books, research papers and journals

Chidambaram is a published author of several books.


Books

* ''Fearless in Opposition: Power and Accountability'' (Publisher: Rupa Publications India; ) * ''Standing Guard: A Year in Opposition'' (Publisher: Rupa Publications India; ) * ''Speaking Truth to Power: My Alternative View'' (Publisher: Rupa Publications India; ) * ''Undaunted: Saving the Idea of India'' (Publisher: Rupa Publications India; ) * ''A View from the Outside: Why Good Economics Works for Everyone'' (Publisher: Penguin India; )


Books featuring Chidambaram

* ''An Agenda for India's Growth: Essays in Honour of P. Chidambaram'' (Publisher: Academic Foundation; )


See also

* Outcome Budget: 2005–06 *
2G spectrum case The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance coalition government India were involved in selling or allotting 122 2G spectrum licenses on conditions that provi ...


References


External links


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'' in April 2013 {{DEFAULTSORT:Chidambaram, P. 1945 births Living people People from Tamil Nadu India MPs 1984–1989 India MPs 1989–1991 India MPs 1991–1996 India MPs 1996–1997 India MPs 1998–1999 India MPs 2004–2009 India MPs 2009–2014 Harvard Business School alumni Indian National Congress politicians Tamil Maanila Congress politicians Indian Hindus Lok Sabha members from Tamil Nadu Indian National Congress politicians from Tamil Nadu Presidency College, Chennai alumni Union Ministers from Tamil Nadu University of Madras alumni Rajya Sabha members from Maharashtra People from Sivaganga district Indian prisoners and detainees Inmates of Tihar Jail Finance Ministers of India Ministers for Corporate Affairs Ministers of Internal Affairs of India Commerce and Industry Ministers of India Prisoners and detainees of India