Karti shifts petition from SC to High Court for Friday hearing

Mar 10, 2018, 00:35
Karti shifts petition from SC to High Court for Friday hearing

Karti Chidambaram, who is presently in CBI custody in the INX Media case, moved the high court in pursuance of the Supreme Court direction passed earlier in the day.

Singhvi also told the court that Karti Chidambaram's blood pressure levels were fluctuating as he was not allowed to sleep as four guards keep playing cards till 2.30 a.m. each night.

His custody, initially extended by five days on 1 March, was again extended by three days to 9 March so that the CBI could question him over the matter. The CBI has sought custody for six more days. Defense counsel Abhishek Manu Singhvi has defended his client, saying that the CBI is making up evidence and has no grounds of keeping Karti in the custody for so long. He was earlier arrested on his return from the United Kingdom at the Chennai airport. Prior to the hearing, Karti who is also being produced before the same court told his CA in Tamil, " be strong, I am strong too". He's alleged to have received a kickback of $ 7,00,000 using his father's influence as the union minister.

Meanwhile, investigating agencies are reportedly expanding their probe against Karti beyond the INX Media and Aircel-Maxis cases. As per reports, the special CBI Judge Sunil Rana heard the bail plea of Karti Chidambaram today.

The ED had registered a case against him and others in May a year ago.

An FIR, filed on May 15 past year, had alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving Rs 305 crore in overseas funds in 2007 when P Chidambaram was Union finance minister.

The CBI and ED have been relying on the statement of Indrani Mukherjea made before a magistrate in which she stated that she and her husband Peter Mukerjea had acceded to Karti Chidambaram 's demand for one million dollars for allegedly fixing the violations done in the FIPB clearance.

On Friday, the CBI moved two more applications, seeking court permission to confront Karti Chidambaram with his Chartered Accountant Bhaskar Raman.