AMN / NEW DELHI
Karti Chidambaram, arrested in the INX Media case, was today sent to five day-CBI custody by a Delhi court. Special Judge Sunil Rana extended Karti’s custody till March 6 after the CBI claimed that when Karti went abroad, he closed bank accounts in which funds were received.
Karti was produced before the court on expiry of one-day CBI custody amidst the presence of his parents P Chidambaram and Nalini Chidambaram.
Additional Solicitor General Tushar Mehta, appearing for CBI, maintained that this was “not a case of political vendetta” and the investigation was going on in accordance with Constitution. He said there is substantial evidence with the agency which needs to be confronted with Karti.
Karti was arrested yesterday at Chennai Airport on his return from the United Kingdom in connection with the FIR lodged on May 15 last year alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when P Chidambaram was the union finance minister.
