Karti Chidambaram in custody, to appear in court today: Top 10 developments

A regular CBI court on Thursday will hear the agency, which sought a 15-day remand of Karti Chidambaram in the INX Media case

Karti Chidambaram, businessman and former finance minister P Chidambaram's son, will be produced before the Patiala House Court on Thursday in connection with the so-called INX Media money-laundering case. Karti had been arrested by the Central Bureau of Investigation (CBI) at the Chennai airport on Wednesday morning and taken into custody by a team of CBI officers on his return from the United Kingdom. He was produced before a Delhi court, which sent him to CBI custody for one day.

Karti Chidambaram's remand will last until 12.30 pm on Thursday when a regular CBI court will hear the probe agency. The central probe agency had sought a 15-day remand for his custodial interrogation.

He will be produced before a CBI court on Thursday, All India Radio News has reported.

The CBI justified Karti's arrest by taking the ground of his non-cooperation and frequent foreign visits. CBI Prosecutor V K Sharma told the court that Karti had been repeatedly travelling abroad, which "confirmed apprehensions" that he would flee the country.

Further, the agency argued that one of the grounds for arresting Karti was the recorded statement of Indrani Mukerjea, former director of INX Media (P) Ltd.

Opposition Congress described Karti's arrest as vendetta and a diversionary tactic by the ruling Bharatiya Janata Party (BJP). Karti, for his part, said the "whole exercise" was meant to "politically target" his father.

Opposing the CBI's arguments in court, senior advocate Abhishek Manu Singhvi, appearing for Karti Chidambaram, said it was a "bizarre" case. Singhvi argued that there were no grounds for the arrest.

Here are the top 10 developments around Karti Chidambaram's arrest and the INX Media money-laundering case:

1) Karti to be produced before Delhi Court: Karti Chidambaram will be produced before the Patiala House Court on Thursday in connection with the INX Media money-laundering case, according to news agency ANI. All India Radio News, however, reported that he would be produced before a CBI court on Thursday.

The Patiala House Court will also hear the bail plea of S Bhaskararaman, Karti's chartered accountant (CA), in connection with the same case. The CA had filed a bail plea before a Delhi Court on Wednesday.

The Enforcement Directorate (ED) had arrested S Bhaskararaman from a hotel in Delhi on February 16. Subsequently, a Delhi court had sent Bhaskararaman to 14 days of judicial custody on February 26.

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Want to come to India but passport suspended: Vijay Mallya

Can't Attend Court, Passport Was Cancelled, Claims Vijay Mallya

Liquor baron Vijay Mallya on Friday informed a Delhi court that he wants to come to India but is unable to travel back as his passport has been suspended by Indian authorities.

Mallya made the submission through his counsel before Chief Metropolitan Magistrate Sumit Dass in a case lodged for allegedly evading summons in connection with a FERA violation matter.

On July 9, the court had cancelled the exemption from personal appearance granted to him and had directed him to appear before it.

In his application moved through senior advocate Ramesh Gupta, Mallya requested the court that some time be given so that his appearance can be secured.

The counsel submitted the copy of an email sent by Mallya, stating that his passport was suspended on April 23, 2016 without giving him any opportunity of being heard.

Enforcement Directorate (ED), however, told the court that Mallya is already evading proceedings in several other cases and sought time to reply to the plea moved by him on Friday.Read More