INX Media case: Karti was abroad when FIPB clearance was given, his counsel informs SC

ANI | Updated: Sep 22, 2017 19:38 IST

New Delhi [India], September 22 (ANI): Former union minister P. Chidambaram's son Karti Chidambaram's counsel on Friday informed the Supreme Court that his complainant who has been accused to have done irregularities in the Foreign Investment Promotion Board (FIPB) clearance for INX media, was abroad when FIPB clearance was given.

The matter in this regard has been adjourned for October 1st week.

The FIR lodged by the Central Bureau of Investigation (CBI), on May 15, alleged that Karti illegally took service charges for getting the FIPB clearance when his father P. Chidambaram was the finance minister.

Earlier, the Supreme Court had refused Karti to move abroad and made it clear that he cannot leave India.

On August 18, the top court had directed Karti to appear before the probe agency for questioning in the case.

On May 16, the CBI raided Karti's residence, along with 13 other locations in New Delhi, Gurugram, Mumbai and Chandigarh.

The raids were regarding a 2007 case, in which INX Media had allegedly paid bribes to get an FIPB approval.

An FIR was filed against Karti, Indrani Mukherjee and Peter Mukerjea, who owned INX media. (ANI)