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Karti Chidambaram can travel abroad, says SC

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The Supreme Court on Monday allowed former finance minister P. Chidambaram’s son Karti Chidambaram to travel to USA, France and UK from July 23 to 31 for business reasons. Karti and his father, P. Chidambaram, have been under the scanner of investigating agencies, Central Bureau of Investigation (CBI) and Enforcement Directorate (ED).

They are being investigated in connection with the Foreign Investment Promotion Board (FIPB) clearance granted to INX Media, a venture promoted by former media baron Peter Mukerjea and his wife Indrani Mukerjea. Karti had filed a plea in the apex court seeking permission to travel abroad.

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The alleged irregularities took place in the year 2007 when Chidambaram was the finance minister during the UPA-1 government. In February, Karti was arrested for his alleged role in the case. He was, however, granted bail in March by the Delhi High Court.

Karti allegedly took service charges for getting the clearance to INX Media for receiving funds from abroad worth Rs 305 crore.

(With ANI inputs)

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