Karti was closing his foreign bank accounts: CBI tells SC

September 22, 2017 19:32

The CBI today told the Supreme Court that Karti Chidambaram, son of former Union Minister P Chidambaram, was prevented from travelling abroad as he was allegedly closing several of his foreign bank accounts.

Justifying the issuance of a look out circular against Karti, the agency also claimed before a bench headed by Chief Justice Dipak Misra that "shocking" details have emerged during his foreign visits which were directly connected to the FIR lodged in the corruption case.

The CBI FIR, lodged on May 15, had alleged irregularities in Foreign Investment Promotion Board clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Karti's father was the Union finance minister.

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