Delhi High Court grants bail to Karti Chidambaram in INX Media case
Karti Chidambaram was told to furnish surety of Rs 10 lakh, and he will need CBI’s permission if he wants to leave the country.india Updated: Mar 23, 2018 23:01 IST
The Delhi High Court granted bail to Karti Chidambaram, son of senior Congress leader P Chidamabaram, in the INX Media corruption case.
Justice SP Garg directed him to furnish a surety of Rs 10 lakh and imposed additional conditions including that he will seek prior permission of the CBI if he wants to leave the country. His passport is already deposited with the authorities, his lawyers had earlier told the court.
The court also said that while out on bail, Karti will not tamper with any evidence in the case.
The Central Bureau of Investigation (CBI) arrested Karti Chidambaram on February 28 for allegedly helping INX Media in scuttling punitive action by the finance ministry during the tenure of his father as Union finance minister. His 12-day judicial custody was to expire on Saturday in the case.
The case against Karti is that, in exchange for a bribe, he got the Foreign Investment Promotion Board (FIPB), which worked under the finance ministry, to regularise a violation of a foreign direct investment approval by INX Media.
CBI had contended that Karti should not be granted bail as he has already destroyed evidence in the case and was an “influential” person.
Karti’s counsel had argued that no case under the Prevention of Corruption Act was made out against him since the CBI had neither questioned any public servant, nor made them an accused in the matter.
Karti’s lawyers had denied allegations of tampering with evidence and added that when the CBI had not sought his further custodial interrogation, why should he be kept in judicial custody.
They had also said that no one else has been arrested in the case and what the CBI has done is to put Karti behind bars.
Karti’s lawyers had further claimed that CBI was trying to connect him with a private company, Advantage Strategic Consulting Pvt Ltd, which had received an alleged bribe amount of Rs 10 lakh, when he was in no way related to it.