Karti Chidambaram remanded in CBI custody for 3 three more days
New Delhi, Mar 9 (IBNS): Karti Chidambaram, son of former Union Finance Minister and Congress stalwart P Chidambaram, was sent to CBI custody on Friday for three more days in the corruption cases investigated by the federal investigating agency.
The CBI which had sought his remand for six days will produce him in court on Monday. He was earlier arrested on his return from the UK at the Chennai airport.
Earlier, the Delhi High Court granted an interim relief to Karti Chidambaram, who is accused in a money laundering case, restricting the Enforcement Directorate (ED) from arresting him till next hearing, media reports said.
In a writ petition, Karti, has challenged the ED saying it has no jurisdiction to send him summons simply on the basis of the FIR lodged by the Central Bureau of Investigation (CBI).
A case was filed against Karti by the Enforcement Directorate in May last year alleging irregularities in the grant of Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving foreign investment of over Rs. 300 crore in 2007.
P Chidambaram, a Congress veteran, was serving as the Union Finance Minister during that period.
The CBI had filed separate case against Karti and others on the basis of information about alleged illegal payments made by INX media.
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