INX Media Case Live Updates: Karti Chidambaram Arrested For Corruption Produced In Court

Karti Chidambaram was arrested by the Central Bureau of Investigation in connection with a money laundering probe in the INX Media case.

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INX Media Case Live Updates: Karti Chidambaram Arrested For Corruption Produced In Court

Karti Chidambaram was arrested on Wednesday from Chennai airport and brought to Delhi. (File)

New Delhi:  Karti Chidambaram, son of Congress leader P Chidambaram, was arrested in a corruption case on Wednesday from Chennai airport. He  was flown to to Delhi court and was produced in court the same day. He was later sent him to CBI custody for a day. He is produced before the Delhi court today. The 46-year-old was arrested by the Central Bureau of Investigation in connection with a money laundering probe in the INX Media case. The former Union Minister and his son have denied the allegations, calling it a case of "political vendetta".  Congress lawmaker Abhishek Manu Singhvi, said he was being targeted because he was the senior Congress leader's son.
 

Here are the live updates of Karti Chidambaram's case:




Mar 01, 2018
14:47 (IST)
CBI lawyer on Karti Chidambaram: 

I seek 14 days remand 
Mar 01, 2018
14:45 (IST)
Court to pronounce order on bail application of Karti Chidambaram's Charted Accountant on March 7
Mar 01, 2018
14:42 (IST)
At the courtroom: 
  • Karti Chidambaram sitting in the courtroom surrounded by CBI officials 
  • CBI Lawyer ASG Tushar Mehta sitting in front of Karti 
  • Karti Chidambaram's mother Nalini Chidambaram also in the court room. Mr Chidambaram's Lawyer Abhishek Singhvi sitting next to his mother 
  • Huge media presence in the court room 
Mar 01, 2018
14:39 (IST)
Enforcement Directorate Lawyer to Court:
  • 4 invoices are crucial documents showing Rs 305 crore paid to them 
  • If Charted Accountant released our probe will be shattered 
  • When we asked Karti Chitambaram, he said Basker Raman knows everything. But Basker Raman is not cooperating 
  • Two invoices in the name of Advantage 
  • Keeping in view of the seriousness and the magnitude Basker Raman, he shouldn't be granted bail 
Mar 01, 2018
14:36 (IST)
Enforcement Directorate Lawyer to Court:
  • Charted Accountant is not cooperating and is shielding everyone 
  • we have got electronic evidence and it takes time 
  • Another company of Basker Raman in Singapore. We have to depute someone to Singapore. Everything has been routed through this Singapore company 
Mar 01, 2018
14:33 (IST)
Enforcement Directorate Lawyer to Court:
  • His Charted Accountant controls all illegal assets of Karti Chidambaram
  • Foreign Investment Promotion Board (FIPB) granted 4.24 crore investment. Rs 305 crore investment brought in by INX. IT questions how this money come in 

Mar 01, 2018
14:30 (IST)
Basker Raman's lawyer arguing his bail:
  • The allegation is ₹10 lakh paid to Advantage strategic company 
  • Allegation by ED is that I didn't attend the summons.  My case is pending in SC 
  • Allegation by ED I didn't join investigation and I am avoiding the summons 
  • 16 Feb I was sent for 5 days remand we have cooperated fully 
  • Entire offence against me based on documentary evidence which is available from 2015
  • Nothing will be achieved for keeping me in custody
  • I am not an influential person to tamper evidence 
  • I was in ED custody for 10 days. Case against me that ₹10 lakh received by me in 2007 
  • Why should I be sent to jail 
  • Will abide any condition
Mar 01, 2018
14:23 (IST)
Additional Solicitor General Tushar Mehta to represent CBI in the INX Media case, is present in the courtroom for the hearing. 
Mar 01, 2018
14:11 (IST)
Bail application of Karti Chidambaram being taken up in Delhi court

Mar 01, 2018
14:09 (IST)
Court proceedings in the INX media case begin. 
Mar 01, 2018
14:06 (IST)
Karti Chidambaram reaches Delhi court after CBI questioning at Delhi headquarters. 
Mar 01, 2018
13:44 (IST)
CBI is a credible investigating agency, it is doing its job and I don't want to comment further, says Union Home Minister Rajnath Singh on Karti Chidambaram's arrest: news agency ANI
Mar 01, 2018
13:13 (IST)
Union Minister Mukhtar Abbas Naqvi on Karti Chidambaram's arrest

  • They should talk on the basis of the evidences, politicizing it is not good
  • Corrupt will not be speared and innocent will not be touched
  • There is no political vendetta behind this
Mar 01, 2018
12:11 (IST)
But I Ordered Probe Against INX Media, Argues P Chidambaram On Karti Chidambaram Case
Former finance minister P Chidambaram, whose son Karti Chidambaram was arrested by the CBI yesterday on charges of corruption, has put out an emphatic defence in court, saying that he was the one who ordered a probe into the company that his son is accused of dealing with.
Mar 01, 2018
12:10 (IST)
Father of Karti Chidambaram, former finance minister P Chidambaram put out an emphatic defence in court yesterday, saying that he was the one who ordered a probe into the company that his son is accused of dealing with.
Mar 01, 2018
12:06 (IST)
The CBI raided the former minister and his son in May last year after registering a case against him. It alleged Karti Chidambaram helped Indrani and Peter Mukerjea, former media bosses who founded the INX Media group, when it faced questions from the Income Tax Department.
Mar 01, 2018
12:04 (IST)
Karti Chidambaram being questioned at the CBI headquarters in Delhi, reports news agency ANI.
Mar 01, 2018
12:03 (IST)

Protests held in Chennai against the arrest of Karti Chidambaram yesterday.
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