Business Standard

Karti in CBI custody for 3 more days, gets protection from ED arrest (Roundup)

IANS  |  New Delhi 

The CBI on Friday got a court permission to question for three more days even as the High Court gave him interim protection from being arrested by the in a case relating to alleged kickbacks in getting foreign investment clearances to private companies when his father was the

of a special court allowed the CBI to quiz the 46-year-old till March 12 after the agency sought extension of his custody for six more days. is being interrogated by the CBI since his February 28 arrest.

The CBI said it had found "new incriminating documents" to prove that got kickbacks to get foreign investment clearance.

told the special court that the CBI had recovered evidence to prove that Karti Chidambaram had direct links with Advantage Strategic, which allegedly received lakhs of rupees for facilitating (FIPB) approvals for and companies.

"So we need six more days of police custody."

opposed the CBI plea, mocking at the agency for its failure to locate the well-known registered office address of Advantage Strategic in Nungambakkam High Road in Chennai.

"For one year, the CBI cannot find the registered office. Anyone can about it. It is tragic as well as comic for me."

Mehta countered Singhvi and said some documents had been shifted from the Chennai office location. The CBI raided the location on a tip off on March 7 and 8 and several documents were recovered, he said.

The CBI alleges that Karti Chidambaram received kickbacks in the clearance of foreign investment worth Rs 305 crore for -- owned by Peter and

It said it had a recorded statement of accusing Karti Chidambaram of demanding and receiving a bribe to get the FIPB clearance.

Karti Chidambaram was confronted with in last week.

On Friday, the CBI moved two more applications, seeking court permission to confront Karti Chidambaram with his Chartered S. Bhaskararaman, arrested last month. The second is to allow the CBI to bring the to from and identify the places where they met Kartik Chidambaram.

Extending Karti Chidambaram's custody, the court told the CBI to confront him with the Chartered at

Singhvi also told the court that Karti Chidambaram's blood pressure levels were fluctuating as he was not allowed to sleep as four guards keep playing cards till 2.30 a.m. each night.

"On March 7, his blood pressure was 140/90 while on March 8 it was 150/100."

In a related development, the High Court gave a major relief to Karti Chidambaram, directing the (ED), which is separately probing the allegations, not to arrest him till till the next hearing of the case on March 20.

The interim relief from "any coercive action" taken by the ED came a day after the transferred to the his plea seeking quashing of summons issued by the probe agency.

A High Court bench of Justices and I.S. Mehta, however, directed the to cooperate in the investigation, appear before the ED whenever required and submit his passport.

Defence counsels and Singhvi told the court that they apprehended sequential arrests of their client by the ED after he was freed from the custody of the CBI.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 09 2018. 17:54 IST
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