The Supreme Court on Tuesday fixed 3 April for hearing Karti Chidambaram’s petition on whether the ED has a jurisdiction to probe the INX media case
against him or not.
A three-judge bench, headed by Chief Justice of India (CJI) Dipak Misra and also comprising Justices AM Khanwilkar and DY Chandrachud, passed the order.
Karti had moved the Apex Court challenging the ED’s jurisdiction and submitted to it that the probe agency had crossed its jurisdiction in probing his alleged involvement in the INX media case.
The probe agency, ED, had on last week, moved the Apex Court against the Delhi High Court order, which had granted relief to Karti in the money laundering case registered against him.
The Delhi High Court had in its order recently restrained the investigating agency, ED, from arresting Karti till the next date of hearing of his petition, questioning the ED probe in the matter.
Karti is an accused of his alleged involvement in the FIPB (Foreign Investment Promotion Board) clearance for Rs 305 crore irregular Foreign Direct Investment (FDI) in the INX media case in 2007, the CBI, the investigating agency, in the case, claimed.
Karti was arrested by the CBI last week on the basis of confessional statements of Peter and Indrani who alleged that they paid $7 lakh to him on the instructions of his father P Chidambaram, as quid pro quo for an FIPB clearance, officials had said.
Both Peter and Indrani had alleged, in their statements to the ED, that they met the then finance minister P Chidambaram at his North Block office, seeking clearance for foreign investments in their media company after the Income Tax department detected irregularities in these instances, in 2007.
The couple had also admitted that they subsequently met Karti at a five-star hotel in Delhi, where he allegedly made a demand of $1 million, they said, adding that this was reiterated by Indrani before the magistrate as well.
Indrani, they said, had confirmed in her statement to the CBI and ED that a payment of $7 lakh was made to the bank accounts of overseas firms linked to Karti.
Peter and Indrani, facing trial for allegedly killing their daughter Sheena Bora, had said in their statement that Karti “suggested” to them the names of firms such as Chess Management and Advantage Strategic for the payments.