INX media case: SC allows Karti Chidambaram to travel abroad, asks to deposit Rs 10 crore

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The Supreme Court on Tuesday allowed Karti Chidambaram, an accused in the INX Media money laundering case to travel to the United States, Spain and Germany in May and June.

A Bench headed by the Chief Justice of India. Ranjan Gogoi asked Karti, son of Congress leader P Chidambaram to deposit a security deposit of Rs 10 crore.

The apex court had also asked him to file an undertaking that he would return and cooperate with the investigation.

Karti Chidambaram is facing criminal cases which are being probed by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI).

Karti has been questioned on several occasions by the ED and the CBI. The agencies are probing how the Foreign Investment Promotion Board (FIPB) gave clearance to foreign investment in INX Media in 2007 when P Chidambaram was the finance minister.

In January, the top Court had allowed Karti to travel abroad while telling him not to “play around with the law”.