Allow me to go abroad, won't close foreign accounts: Karti Chidambaram to SC

Karti Chidambaram, facing allegations of holding multiple accounts and assets abroad, has filed an affidavit in the Supreme Court stating that he will not close his foreign bank account. Karti on Monday sought the apex court's permission to travel abroad between October 19 and November 13 to admit his daughter at the Cambridge University. 

The son of senior Congress leader P Chidambaram informed the Supreme Court that he has just one bank account in the Metro Bank in the UK which was opened in June 2016. He further claimed that the bank account has not got any funds from anyone except him, his wife and daughter. 

The submission comes a few days after the CBI said that Karti had gone abroad to close his foreign accounts.

The matter would be heard tomorrow as the Centre's counsel sought time to take the instructions. 

The case lodged by CBI in Delhi is related to alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of almost Rs 305 crore in 2007 when Karti's father was the Union Finance Minister.

The CBI had claimed that the FDI proposal of the media house, cleared by Chidambaram, was "fallacious".

The FIR was registered on May 15 before the special CBI judge and the registration of the case was followed by searches at the residences and offices of Karti and his friends on May 16.