INX Media Case: Willing to Co-operate But Worried About my Arrest, Karti Chidambaram Tells Supreme Court

New Delhi, March 6: The Supreme Court on Tuesday issued notice to the Enforcement Directorate (ED) on the Prevention of Money Laundering Act (PMLA) case registered against Karti Chidambaram, son of fo

New Delhi, March 6: The Supreme Court on Tuesday issued notice to the Enforcement Directorate (ED) on the Prevention of Money Laundering Act (PMLA) case registered against Karti Chidambaram, son of former finance minister P Chidambaram, in the INX Media case. The top court posted the matter for further hearing on March 9.

Appearing for Karti, senior lawyer Kapil Sibal told the apex court, “We are willing to co-operate in every way and we also did so. I am worried about my arrest.” (Also read: SC Refuses to Grant Anticipatory Bail to Karti Chidambaram)

Karti had filed a plea seeking to quash the ED’s summons against him in the case. In his fresh writ petition, Karti challenged the summons on the ground that the ED has no jurisdiction to issue such notices based on the FIR lodged by the Central Bureau of Investigation (CBI).  (Also read: ‘Don’t Worry, I Am There’, P Chidambaram Tells Son Karti)

An FIR, filed on May 15, 2017, had alleged 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 Union finance minister. He was arrested at Chennai Airport on February 28 on his return from the United Kingdom in connection with the case. (Also read: Karti Demands Food From Swiggy or Zomato in CBI Custody)

The agency alleged that Karti had received funds to the tune of Rs 10 lakh in the case.  (Also read: P Chidambaram Asked Indrani, Peter Mukerjea to Help Karti’s Business, Claims CBI)

It had claimed that Karti had also received money from INX Media to scuttle a tax probe. The firm was owned at the time by Peter and Indrani Mukerjea, who are currently in jail on charges of allegedly murdering Indrani’s daughter Sheena Bora.

With inputs from PTI