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Karti Chidambaram closed bank accounts when abroad CBI to SC

To support his stand, Mehta tried to submit a report in a sealed cover for the consideration of the bench that also comprised Justices AM Khanwilkar and DY Chandrachud.

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Karti Chidambaram, son for former finance minister P Chidambaram, closed several bank accounts before the Lookout Circular (LOC) was issued against him, the Central Bureau of Investigation (CBI) told the Supreme Court on Friday.

"We issued a notice and asked him how many bank accounts he has. He said only one. But what we found is that there are several accounts that he closed when he went abroad," Additional Solicitor General (ASG) Tushar Mehta told a three-judge bench led by Chief Justice of India Dipak Misra.

To support his stand, Mehta tried to submit a report in a sealed cover for the consideration of the bench that also comprised Justices AM Khanwilkar and DY Chandrachud.

However, Senior Advocate Kapil — representing Karti — objected to this saying, "These are not connected to the FIR." Only the LOC was under challenge before the apex court bench, Sibal argued.

Mehta, however, countered Sibal's contention and said the contents of the sealed cover were directly related to the case at hand, and must be perused.

"How can he file documents like this. If I have done any wrong, file FIR against me and prosecute me," Sibal said adding, "When it (the allegations in the FIR) happenned, I was abroad".

The matter then took an unsavoury turn when Mehta said, "What he did when he was abroad is in these covers. Please see it".

To which, Sibal replied, "I (Karti) went to admit my daughter in Cambridge."

"They interrogated me (Karti), but not a single question was asked on this," Sibal added, "If they can show any signature of Karti on any account, they can prosecute him under FEMA or black money law."

The bench was hearing a matter pertaining to alleged kickbacks paid by INX Media for obtaining clearance from the Foreign Investment Promotion Board (FIPB) during P Chidambaram's reign as finance minister.

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