[5] Most recently, he held the role for the entirety of the United Progressive Alliance 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.
[7][8] Chidambaram was born to Kandanur L. Ct. L. Palaniappa Chettiar and Lakshmi Achi at Kanadukathan in the Sivaganga district of Tamil Nadu.
[11] During this time, his politics inclined to the left and in 1969 he joined N. Ram, later an editor of The Hindu, and the women's activist Mythili Sivaraman in starting a journal called the Radical Review.
In the general elections held in 1996, TMC along with a few national and regional level opposition parties, formed a coalition government.
He has been credited with taking the bold decision of prioritising elections above corporate demands to deploy security for the 2009 Indian Premier League.
Chidambaram's mother, Lakshmi Acchi, was the daughter of Sir Annamalai Chettiar, a banker and merchant, and was granted the title of Raja by British.
Karti is married to Dr. Srinidhi Rangarajan, a well-known Bharathanatyam dancer and medical doctor, working with the Apollo Group of Hospitals in Chennai.
[32] 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.
[37] On 7 April 2009, Chidambaram was assaulted by Sikh journalist Jarnail Singh during a press conference in Delhi on the issue of a "clean chit" to Jagdish Tytler.
Singh, who writes for the Hindi daily newspaper Dainik Jagaran was dissatisfied with Chidamabaram's answer to a question on the Central Bureau of Investigation's (CBI) "clean chit" regarding Jagdish Tytler's involvement in the 1984 anti-Sikh riots.
[40] 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.
P. Chidambaram argued in Sterlite's defence in a 2003 Bombay High Court case related to the ED's allegations.
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.
According to Swamy, Chidambaram withheld Foreign Investment Promotion Board clearance of the deal until his son received the five-percent share in Siva's company.
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.
[49] Simultaneously, Chidambaram and his son Karti have been dogged with allegations of corruption, misuse of position, insider trading and money laundering.
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.
[49][50][33][51] 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 and Enforcement Directorate at his home.