SC allows Karti Chidambaram to travel abroad, directs Congress MP to desposit Rs 2 crore as surety
The apex court, while allowing Karti to travel abroad for six months, directed that the surety be deposited in a nationalised bank. The court earlier allowed him to travel to the UK, the US, France, Germany and Spain
New Delhi: The Supreme Court on Monday allowed Congress MP Karti Chidambaram, who is facing criminal cases that are being probed by the ED and the CBI, to travel abroad.
A bench, headed by Justice Ashok Bhushan, asked Karti to deposit Rs 2 crore with the registry and submit details on the places to be visited and the place where he would stay.
Opposing the application, Additional Solicitor General SV Raju said earlier Karti was earlier allowed to travel abroad, but with a deposit of Rs 10 crore.
Senior advocate Kapil Sibal, who was appearing for Karti, said the condition was not justified for a member of Parliament and he would not run away anywhere.
The apex court directed that the amount be deposited in a nationalised bank and allowed Karti to travel for six months. Earlier, it had allowed him to travel to the UK, the US, France, Germany and Spain.
The Congress leader is facing several criminal cases related to the Aircel-Maxis deal and the Foreign Investment Promotion Board clearance to the INX Media for receiving foreign funds of Rs 305 crore when his father, P Chidambaram, was the Union finance minister. The cases are being probed by the ED and the CBI.
The ED had earlier claimed that Karti had been trying to protract the investigation by "blatantly misusing" the liberty granted by the court in allowing him to travel abroad.
The ED had summoned the Rajya Sabha member for questioning in the money laundering probe linked to the re-development of a Mumbai 'chawl' (tenement) and related financial transactions involving his wife and friends
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The probe pertains to alleged financial irregularities in the Congress-promoted Young Indian Private Limited, which owns the National Herald newspaper