The former Union Minister said the ED has a habit of "recycling allegations" from time to time.
"Today's press release by the ED is another example. The allegations in the press release are baseless, totally false and ridiculous," he said in a statement.
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"No notice has been served upon Karti Chidambaram so far. If a notice is received, a suitable reply will be sent.
"By targeting Karti Chidambaram with baseless notices, the government cannot silence my voice or stop my writing," said Chidambaram, who served as Finance and Home Minister in UPA regime.
In a statement, the ED on Monday said a show cause notice has been issued to Ms Advantage Strategic Consulting Private Limited, its directors and also to Karti "who appears to be the controller and ultimate beneficiary in these transactions".
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