Supreme Court Allows Karti Chidambaram To Withdraw Rs 20 Crore Deposited For Travelling Abroad
Karti Chidambaram reacts before his supporters as he leaves Patiala House Courts after appearing in INX case, in New Delhi. (Source: PTI)

Supreme Court Allows Karti Chidambaram To Withdraw Rs 20 Crore Deposited For Travelling Abroad

Bookmark

The Supreme Court on Friday allowed Congress MP Karti Chidambaram to withdraw the Rs 20 crore which was deposited with the apex court registry as a condition for allowing him to travel abroad.

The apex court in January and May 2019 had granted Karti Chidambaram permission to travel to foreign countries after depositing Rs 10 crore each respectively with the registry.

When the matter came up for hearing before a bench headed by Chief Justice SA Bobde, Solicitor General Tushar Mehta said there was no objection from the Enforcement Directorate to the plea seeking withdrawal of the amount since he has returned.

Taking note of the submission, the bench also comprising justices BR Gavai and Surya Kant said Karti can withdraw the said amount since he has already returned.

Also read: Privatisation Not The Panacea For Problems, Says Former Finance Minister P Chidambaram

The condition was imposed by the apex court after the ED had opposed his plea for travel abroad. On May 7, the top court had allowed Karti to travel to the United Kingdom, the U.S., France, Germany and Spain in May and June this year.

Karti has been facing ED cases in INX media and Aircel maxis matters.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.