Relief for Karti Chidambaram As Madras HC Stays ‘Lookout’ Notice

The CBI registered a case on 15 May against Karti, his company Chess Management, & INX Media owned by Mukerjee.

File photo of Karti P Chidambaram.

(Photo: PTI)

The Madras High Court on Thursday stayed the ‘lookout’ circular issued against Karti Chidambaram and four others in connection with a corruption case filed by CBI.

Karti is the son of senior Congress leader and former union minister P Chidambaram.

The CBI wanted to examine him in connection with a Foreign Investment Promotion Board (FIPB) clearance given to media group INX Media for receiving funds from Mauritius, when his father P Chidambaram was the Finance Minister.

It is alleged that a firm “indirectly controlled” by him received money from INX Media, run by Indrani and Peter Mukerjea.

Also Read: ED Registers Money Laundering Case Against Karti Chidambaram

The CBI had registered the case on 15 May against Karti, his company Chess Management Services, INX Media, Advantage Strategic Consulting Services, its director Padma Vishwanathan and the Mukerjeas. The Mukerjeas, charged with the murder of Indrani’s daughter, Sheena Bora, are currently in jail.

The agency had issued summons to Karti and four others for questioning on 27 June and 29 June, but they did not turn up.

(More details awaited.)

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