Published On : Fri, Aug 4th, 2017

CBI issues lookout notice against Karti Chidambaram

New Delhi:
The CBI issues a lookout notice against Karti Chidambaram, son of former union minister P Chidambaram.

This comes as Karti, this morning, moved the Madras High Court asking if any lookout notice had been issued against him.

Assistance Solicitor General sought time to get information on the matter.

Earlier on July 21, Karti moved the Madras High Court seeking quashing of a CBI case against him for which he was summoned by the investigative agency for questioning.

On July 19, the CBI sent a second notice to Karti summoning him to the CBI headquarters on July 21 for questioning regarding the INX Media Case.

Earlier, the CBI had summoned Karti between June 27-29 , but Karti, through his lawyers, informed the investigating team that he needed more time, before he could appear for questioning.

According to the CBI, INX Media stated in its records that an amount of Rs. 10 lakh was given to Advantage Strategic Consulting (P) Limited, a firm the CBI said was “indirectly” owned by Karti, for management consultancy charges towards the Foreign Investment Promotion Board notification and clarification.

The FIPB is a body under the Finance Ministry that clears investment proposals.

Karti has accused the CBI of hatching a conspiracy against him and has alleged that the CBI was nailing him because of its frustation arising out of its inability to prove anything against him and his father in connection with the Aircel-Maxis case.