Karti Chidambaram Case: Delhi Court Grants CBI Another 3 Days of Custody

INX Media case High voltage drama in Supreme Court during Karti Chidambaram's hearing

Karti was able to speak to them for ten minutes in front of the investigating officer before taken away by the agency sleuths.

CBI has been successful in getting custody of Karti Chidambaram till March 12 2018 from a special court today.

The judge allowed the agency to confront him with his chartered accountant Bhaskararaman, who was arrested by the Enforcement Directorate on February 16 and was today sent to judicial custody till March 22 after ED's counsel Nitesh Rana submitted that the probe was on. He also said that CBI was repetitive in its questioning.

After the bench passed the order allowing Karti to withdraw his petition and approaching high court, Sibal apologised for the comment but said he was not happy with the way things were going.

The apex court had on February 23 refused to stay the summons issued by the ED against Karti Chidambaram - who is presently in CBI custody in the INX Media case.

The ASG said that new incriminating materials have been found and he has to be confronted with them.

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"If the CBI court grants bail to the petitioner in the CBI case, no coercive steps shall be exercised against the petitioner by the ED under section 19 (Power to arrest) of the Prevention of Money Laundering Act (PMLA)", the Bench said. The court will now hear the case on 15 March, CNN-News18 reported. The Enforcement Directorate (ED) has also registered a money laundering case in the INX Media case. Speaking on Karti's behalf, Singhvi told the court that Karti was kept awake till 2.30 pm at night and again woken up at 6 am and asked the same questions.

A special court Friday gave the CBI three more days for custodial interrogation of Karti Chidambaram in the INX Media corruption case, while the Delhi High Court granted him relief, restraining the ED from arresting him in a related money laundering case till March 20.

"For one year, the CBI can not find the registered office".

The CBI, which is separately probing the case, has alleged that Karti Chidambaram got kickbacks in 2007, when his father P Chidambaram was the Finance Minister, to clear foreign investment worth Rs 305 crore for INX Media - owned by Peter and Indrani Mukherjea.

An FIR, filed on May 15 previous 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.

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