New Delhi, March 9: The Central Bureau of Investigation (CBI) on Friday extended the custody of Karti Chidambaram, son of former Finance Minister P.Chidambaram by three more days in connection with the INX Media money laundering case. The investigative agency had reportedly sought Karti’s custody for six additional days, citing new ‘incriminating materials’ as grounds to interrogate him further.
Additional Solicitor General Tushar Mehta said that a CD has been recovered in connection with the case which needed to be sent to Central Forensic Science Laboratory (CFSL) for examination. However, defence counsel Abhishek Manu Singhvi, opposed any further custodial interrogation of Karti.
On behalf of Karti, Singhvi said,”It’s tragic for me (Karti). They have no new reason for my remand. They are inventing one. CBI has to justify remand every day and every minute.”
It is a ten-year-old case and all the documents are available with them and “they need my custody to harass me”, Karti reportedly said through his counsel.
Earlier in the day,the Delhi High Court had granted interim relief to Karti from arrest by the Enforcement Directorate in the case. The court had posted the matter for next date of hearing as March 20. Karti had moved the court seeking quashing of summons and all proceedings initiated by the ED in the case.
Karti was arrested by the CBI on February 28 in connection with the FIR lodged on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of about Rs 305 crore in 2007 when his father was the Union finance minister.