SC to decide CBI’s appeal against Karti on September 18


Team Udayavani, Sep 11, 2017, 12:51 PM IST

New Delhi: The Supreme Court today fixed on September 18 the appeal of the CBI challenging the Madras High Court order staying government’s look out circular against Karti Chidambaram, son of former Union Minister P Chidambaram, in a graft case.

The FIR lodged by the CBI on May 15 had alleged irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Karti’s father was the Finance Minister.

A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud, meanwhile, said that its direction staying the Madras High Court order on look out circular will remain in force in the meantime and as a result, Karti will not be able to leave India.

Senior advocate Kapil Sibal, representing Karti, alleged that all baseless allegations have been levelled against Karti and challenged the probe agency to being out the details of any property which the Chidambarams cannot account for.

Additional Solicitor General Tushar Mehta, appearing for the CBI, vehemently countered the submission and said that the probe was at a very crucial stage and substantial information have been given to the court in a sealed cover. The bench then fixed the matter for final disposal next Monday.

On September 1, the CBI had told the apex court that there were “good, cogent” reasons for issuing look out circular against Karti. On August 18, the court had asked Karti to appear before the investigating officer at the CBI headquarters here for questioning in the case.

The bench had given the probe agency the liberty to question Karti as many times it wanted. Prior to this, the apex court had said that Karti would not be allowed to leave India without subjecting himself to investigation in the case. The court had then stayed the Madras High Court order putting on hold the LOC issued by the Centre against Karti.

The CBI had claimed that the FDI proposal of the media house, cleared by Chidambaram, was “fallacious”.

The FIR was registered on May 15 before the special CBI judge here and the registration of the case was followed by searches at the residences and offices of Karti and his friends on May 16.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Dr TA Pai’s journey from banking sector to B-school

China anti-virus measures in full-force after Beijing case

Bantwal: Artist who dreamt of becoming an Army officer passes away

Minor among three PLFI Naxals arrested in Jharkhand

British police arrest 2 in investigation into Texas standoff

No person can be forced to get vaccinated against their wishes: Centre to SC

Legendary Kathak dancer Birju Maharaj dead


Related Articles More

Closure of schools forcing boys to work in fields, underage girls being married off: NCP MLC to Maha CM

Minor among three PLFI Naxals arrested in Jharkhand

No person can be forced to get vaccinated against their wishes: Centre to SC

Alwar girl case: Rajasthan govt to recommend CBI probe

Painting worker wins Rs 12 crore in lottery

MUST WATCH

Saligrama Gurunarasimha and Anjaneeya temple Charot

Nannamma Super Star fame Samanvi ashes immersed in Cauvery river

NEWS BULLETIN 16-01-2022

ZOO CELEBRATES GORILLA BIRTHDAY

DIFFERENT TYPES OF MUHURTHAS FOR PARYAYA EXPLAINED


Latest Additions

Dr TA Pai’s journey from banking sector to B-school

China anti-virus measures in full-force after Beijing case

Closure of schools forcing boys to work in fields, underage girls being married off: NCP MLC to Maha CM

Udupi: Ayyappa devotee passes away due to cardiac arrest in Sabrimala

Bengaluru is home to 40% of India’s unicorns & soonicorns: Tejasvi Surya

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.