In a stern message to the Modi government, he claimed that the raids were used as a tool to suppress him from speaking against the government, he said, "I belong to the Opposition party". However, Mr Karti's lawyer has said the Directorate has taken possession of no document during the search.
ED has now asked Karti to appear personally in its Delhi office on January 16. The former Finance Minister also claimed that the ED has no jurisdiction to conduct raids under Prevention of Money Laundering Act.
The law enforcement agency has alleged that Karti received money from Peter and Indrani Mukerjea owned INX media so as to avoid the tax probe against it.
The CBI has also recovered vouchers worth Rs10 lakh which were allegedly paid for the services.
Karti and others have been charged with criminal conspiracy, receiving illegal gratification, cheating, influencing public servants and criminal misconduct.
The Chidambarams have denied all the charges made against them.
The FIPB approval was granted in "hundreds of cases", the senior Congress leader had said.
Terming the raids as a comedy of errors, he said, "It's a comedy of errors that my Chennai residence and Delhi residence have been raised thrice and the ED has found nothing". However, senior ED officials said the CBI FIR had never been quashed and was the reason why they had warrants issued for searches conducted on Saturday. Searches started at 7.30 am and lasted three hours on Karti's premises in Delhi and his residence at Nungambakkam in Chennai city. Nothing was found, nothing was seized.
He further questioned the authority's jurisdiction to raid his residence, he said, "Yesterday, the Supreme Court issued notices to the ED in cases where the submission is that the ED has no jurisdiction to conduct any investigation in the so-called Aircel-Maxis case". During that period his father P Chidambaram was the Union Finance Minister. Karti is alleged to have received investment from Mauritius in return.
ED sources, however, emphasised that the searches were linked specifically to the ongoing probe into Karti's role in the Aircel-Maxis deal.