INX Media case: Karti Chidambaram sent to 5-day CBI custody

Agencies
March 1, 2018

New Delhi, Mar 1: Karti Chidambaram, arrested in the INX Media case, was today remanded to five days of CBI custody by a Delhi court.

Special Judge Sunil Rana extended Karti's custody till March 6 after the CBI contended that there were "very shocking evidences" of what he has done when he went abroad and alleging "when he went abroad, he closed bank accounts in which funds were received".

Karti was produced before the court on expiry of one-day CBI custody amidst the presence of his parents P Chidambaram and Nalini Chidambaram, both senior advocates, and were seen talking to him.

Additional Solicitor General Tushar Mehta, appearing for CBI, maintained that this was "not a case of political vendetta" and the investigation was going on in accordance with Article 21 of the Constitution.

"There are very shocking evidences of what Karti did when he went abroad," he said, adding that "when he went abroad, he closed bank accounts in which funds were received".

Even though Karti did not complain of any uneasiness during his regular medical check up yesterday, doctors at Safdarjung Hospital last night sent him to cardiac care unit and he was brought to CBI office only in the morning.

Due to his hospitalisation, the CBI's one-day custody was virtually wasted as it got Karti's custody only at 7:30 pm and he returned from the hospital this morning, he said.

Senior advocate Abhishek Mani Singhvi, who is leading a team of lawyers for Karti, contended that in connection with the May 2017 FIR, CBI has spent roughly 22 hours with Karti in August last year and no fresh summons was issued to him after August 2017 till date, which shows the agency has nothing more to ask him.

"The only way of establishing non-cooperation is to issue summons. You never tested my non-cooperation. Sudden arrest after six months. Its bizarre, I am arrested as I stepped out of plane.

"There is not an iota of evidence against Karti. He is being arrested despite complying with court orders repeatedly." he said.

Singhvi asked if Karti has done something illegal while being abroad, why didnt CBI file a contempt petition before the court which allowed him to travel abroad.

The CBI said that in May 2007, first FIPB approval was given to INX Media and in April 2008, this reference was made in the Finance Ministry.

From June 2008 onwards, the payment of the bribe money was started. The second FIPB approval was given on November 2, 2008. We are investigating whether the April 2008 reference was a "pressure technique", the CBI contended. "We have emails and invoices indicating money was given to Advantage Strategic Consultancy Private Limited (ASCPL), which is related to Karti, around the time period when INX Media received favours.

"There is substantial evidence with the agency which needs to be confronted with Karti. Three mobile phones have been recovered from him which need to be examined. 14 days is the minimum time required to keep him in custody," Mehta contended.

Karti was arrested yesterday at Chennai Airport on his return from the United Kingdom in connection with the FIR lodged on May 15 last year alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when P Chidambaram was the union finance minister.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 25,2020

Chennai, Mar 25: Tamil Nadu reported its first Covid-19 death at the Rajaji Government Hospital in Madurai this morning. The 54-year-old man from Madurai had no history of travel to any coronavirus-affected state or country.

However, he did have contact with two Thai nationals who had tested positive for Covid-19 and are undergoing treatment in isolation in Erode.

"Despite our best efforts, the #COVID-19 +ve Pt at MDU, #RajajiHospital, passed away few minutes back. He had medical history of prolonged illness with steroid-dependent COPD, uncontrolled Diabetes with Hypertension,” Tamil Nadu health minister C. Vijayabaskar tweeted.

The patient tested positive for the coronavirus on March 23. Yesterday the minister had disclosed that the patient had not responded well to treatment due to his medical condition. “He has a medical history of prolonged illness with steroid dependent COPD, uncontrolled diabetes with hypertension,” he said.

As of Wednesday morning, the total number of Covid-19 infected patients in Tamil Nadu was 18, including one patient who has recovered.

The latest patients include a 65-year-old man who returned from New Zealand and is currently in isolation at a private hospital, a 55-year-old woman from Saidapet who is currently in quarantine Kilpauk Medical College Hospital, and a 25-year-old who returned from London and is undergoing treatment at the Rajiv Gandhi Government General Hospital.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 11,2020

Kanpur, Jul 11: "The Uttar Pradesh administration has done the right thing by taking action against my son," said an old and feeble Ram Kumar Dubey, father of gangster Vikas Dubey.

The father said his son killed eight police officials and it was an unforgivable sin.

"Had he listened to us, his life would not have ended this way. Vikas never helped us in any way. Due to him, even our ancestral property was razed to the ground. He also killed eight policemen, which is an unforgivable sin. The administration has done the right thing. Had they not done so, tomorrow others would have acted similarly," Ram Kumar said.

"It is the chief minister's duty to protect every individual. The police is an extension of that. He attacked them which cannot be forgiven. I will not even take part in his cremation," he added.

Ram Kumar Dubey said that his only appeal to the government is to allow him entry to his ancestral property now.

Vikas Dubey was cremated at Bhairav Ghat in Kanpur. His wife, younger son and brother-in-law were present and no other member of his family attended the last rites.

Vikas Dubey was arrested by the police in Ujjain on Thursday morning. He was on the run for the last six days and had come to the city to offer prayers at a temple, where he was identified by a security guard.

He was killed in an encounter by the Uttar Pradesh Police earlier today after he "attempted to flee".

The gangster was the main accused in the encounter that took place in Bikru village in Chaubeypur area of Kanpur last week, in which a group of assailants opened fire on a police team, which had gone to arrest him.

Eight police personnel were killed in the encounter.

Vikas Dubey managed to escape after the incident. Uttar Pradesh police had launched a hunt and raised a bounty on him for Rs 5 lakh.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 1,2020

Jul 1: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal's safe-haven appeal.

Local gold futures hit an all-time high of Rs 48,871 ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far. The contract had gained nearly 25% in 2019.

However, this dampened the retail demand for gold in India, the world's second-largest consumer of the precious metal.

"Retail demand is negligible. Buyers are postponing purchases anticipating a correction in prices," said a Mumbai-based bank dealer with a bullion importing bank.

In thin trade, dealers were offering a discount of up to $22 an ounce over official domestic prices on Wednesday afternoon, up from the last week's $18. The domestic price includes a 12.5% import tax and 3% sales tax.

The country's gold imports in May plunged 99% from a year earlier as international air travel was banned and jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus.

In overseas market, spot gold firmed near an eight-year peak on Wednesday, as a spike in coronavirus cases in the United and States and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

According to a latest Reuters tally, the coronavirus has infected more than 10.48 million people worldwide so far.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.