Medicine

INX media case: Karti Chidambaram moves Delhi High Court for bail

INX media case: Karti Chidambaram moves Delhi High Court for bail

The bench also noted that despite tweets by others in response to the innuendo and clarifying the correct position, "he (editor) cared not to withdraw the mischievous and false tweet".

Karti Chidambarams father P Chidambaram was also present in the courtroom. Karti's failure to appear before the investigating officer despite the directions of the Supreme Court led to the issuance of a lookout notice, he said. he agency apprehended that he might abscond to a foreign country to evade investigation, Rajagopalan added. Petitioner (Karti) himself is the member of Congress. He said such social media activity should not be ignored but a stern message sent. The court also dismissed his appeal for an urgent hearing on his bail plea and a threat perception.

"In view of the fact that no more police custody remand of accused is sought by CBI, accused Karti Chidambaram is remanded to judicial custody".

Retorting to CBI Counsel's arguments, Krishnan submitted that their apprehension becomes even more serious with the CBI opposing their security application.

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When the CBI opposed the plea for separate cell on the ground that if at all there was any threat, it was to P Chidambaram and not his son, Krishnan expressed shock and said the CBI's objection has enhanced the threat perception. Karti's counsel in petition said that "How can an investigative agency deny me my security". CBI had asked for a three day extension for Karti on the basis that new evidence had been discovered against him, which had to go through the forensics tests.

To recall, Karti has been in CBI custody for questioning since his arrest from Chennai Airport on February 28. The CBI FIR, lodged on May 15 previous year, had alleged irregularities in the FIPB clearance to INX Media. It alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds of about Rs 305 crore in 2007 when his father was Union Finance Minister.

As per reports, the CBI had initially alleged that Karti received Rs 10 lakh as bribe for the FIPB clearance. It, however, later revised the figure to $1 million (about Rs 6.50 crore at the current exchange rate and Rs 4.50 crore in 2007).

Former INX Media promoter Indrani Mukerjea, who is now facing trial in her daughter's murder, has told CBI that she is willing to identify the place where she and her husband Peter Mukerjea met Karti Chidambaram, officials said.


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