Published: Tue, March 06, 2018
World | By Camille Rivera

SC to hear Karti Chidambaram's plea on ED summons today

SC to hear Karti Chidambaram's plea on ED summons today

Karti Chidambaram, son of former Union Finance Minister and senior Congress leader P Chidambaram, continued to stonewall CBI's questions on Monday in connection with the INX Media case following which the agency has made a decision to seek extension of his remand. Abhishek Singhvi counsel of Karti questioned the credibility of Indrani Mulerjea, who launched INX Media along with her husband Peter. She has alleged that she had had paid bribe to Karti for FIPB clearance. The CBI probe relates to Foreign Investment Promotion Board (FIPB) approval granted in 2007 for receipt of funds by INX Media when P Chidambaram was the Finance Minister during the UPA regime. Karti was arrested by CBI on the basis of a confessional statement by Indrani, former director of INX Media Limited.

However, Karti's legal representatives question Mukerjea's credibility since she is the accused and serving her jail term for murdering her daughter Sheena Bora.

The CBI has been given Karti Chidambaram's guardianship till Tuesday however the office had requested two-weeks' authority, contending that he was not collaborating with the examination.

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Karti was arrested on February 28 and is in CBI custody. He was forced to step down and was pushed into the vehicle before leaving the jail said ET reports.

The doors of the prison were shut for the duration of the questioning and none from outside was allowed to enter the premises.

The official familiar with the probe has alleged that Karti transferred the money from his account in the Chennai branch of Royal Bank of Scotland (RBS), reported Times of India. Subsequently they claimed to have met Karti Chidambaram where he made a demand of Rs 1 million, and suggested the names of Chess Management and Advantage Strategic as "alternatives to make payment".

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The Enforcement Directorate on the other hand is looking into the allegations on laundering bribes received by the companies linked to the 46-year-old businessman, Karti Chidambaram.

Karti Chidambaram, son of former union finance minister was remanded in CBI custody for five days. This was the second time he appeared before the ED after he was first questioned by the agency on January 18.

The officer recounted how Karti had jokingly asked another CBI officer after the court refused to grant him home-cooked food on Friday if the officers had food-ordering apps like Swiggy and Zomato on their phones.

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