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CBI justifies lookout notice against Karti Chidambaram in SC

The apex court has posted the matter for hearing on September 11

Press Trust of India  |  New Delhi 

Karti Chidambaram, son of former Union minister P Chidambaram, waves as he arrives at Central Bureau of Investigation (CBI) headquarter in New Delhi on Wednesday in connection with INX Media case. (Photo: PTI)
Karti Chidambaram, son of former Union minister P Chidambaram, waves as he arrives at Central Bureau of Investigation (CBI) headquarter in New Delhi on Wednesday in connection with INX Media case. (Photo: PTI)

The CBI on Friday asserted in the that there was "good, cogent" reason for the lookout circulars against former Union minister P Chidambaram's son in connection with a case of alleged graft.

A bench headed by Chief Justice Dipak Misra took on record the documents placed by CBI in a sealed cover in connection with the case.


The bench, also comprising Justices A M Khanwilkar and D Y Chandrachud, asked the CBI to respond to the affidavit filed by Karti in connection with his questioning by investigators before whom he had appeared on August 23 and 28.

Additional Solicitor General Tushar Mehta told the bench that there was "a good, cogent reason for issuance of lookout circular against him (Karti). It is not a simple case or that of one company but it involves jugglery of accounts and properties abroad".

Appearing for Karti, senior advocate Gopal Subramanium submitted on his behalf, "What is the subject matter of enquiry is not me but my father who happened to be the finance minister giving Foreign Investment Promotion Board (FIPB) approvals to a company in 2007 and it is alleged that one of the conditions had been violated".

He added that not a single person of the six-member FIPB, who were secretary-level officers, had been examined in the case.

The apex court has posted the matter for hearing on September 11.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Fri, September 01 2017. 13:00 IST
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