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INX Media Case: Karti Chidambaram sent to CBI custody till March 6

SNS Web | New Delhi |

In a major blow to Karti Chidambaram, a Delhi court on Thursday sent former Finance Minister P Chidambaram’s son to 5-days CBI custody, officials said.

Although, the Central Bureau of Investigation (CBI) had sought 14-day custody of Karti, arrested in the INX Media money laundering case, the Patiala House Court granted the agency to interrogate him till March 6.

Earlier in the day, as hearing in the case began, the CBI reiterated that Karti was not cooperating in the probe and has been repeatedly going out of the country, hindering the interrogation.

However, the charge was vehemently denied by Karti’s lawyer, Abhishek Manu Singhvi, who is also a senior Congress leader.

Briefing the media, Singhvi said that there was no need for Karti’s arrest due to the fact that there was no evidence of tampering provided by CBI.

Meanwhile, Karti’s father P Chidambaram met him in the court and was present when the order was pronounced.

As per reports, the CBI may question P Chidambaram in the case as well for his role in granting Foreign Investment Promotion Board (FIPB) approval to INX Media in 2007 when he was the union finance minister during the previous UPA regime.

Karti allegedly received Rs 3.5 crore from the Mumbai-based INX Media, now known as 9X Media, for helping it get FIPB clearance, when it was run by Peter and Indrani Mukerjea, both accused in the Sheena Bora murder case.

He was arrested by the CBI from Chennai airport on his return from abroad on Wednesday and later in the evening, was remanded to one-day custody of the CBI by the court.

The arrest of Karti came nine months after the CBI registered a FIR against him on charges of criminal conspiracy, cheating, accepting gratification by corrupt or illegal means, influencing public servants and criminal misconduct.

After his arrest in Chennai, CBI officials took him to Delhi by afternoon. He was taken to the CBI headquarters and then produced before a Duty Magistrate.

(With agency inputs)