Bhaskararaman, the CA of Karti Chidambaram, has got the bail from the Delhi court. He was arrested by the ED on February 16 from a five-star hotel in Delhi.The court also asked him to furnish a bail bond of Rs 2 lakh and a surety of like amount.
The ED's special public prosecutor Nitesh Rana had earlier informed he court that during the course of investigation, it was revealed that Bhaskararaman had been assisting Karti to manage his "ill-gotten wealth" in India and abroad.
He was also asked to cooperate in the investigation as and when required by the ED and asked him not to leave the country without its permission.
Karti's name had come up in the case relating to the Foreign Investment Promotion Board's (FIPB) approval granted in 2007 for receipt of funds by INX Media when his father and Congress leader P Chidambaram was the finance minister during the previous UPA regime.
Source: http://cablequest.org/index.php/news/national-news/item/12377-karti-chidambaram-s-ca-gets-bail-in-inx-media-case
He was also asked to cooperate in the investigation as and when required by the ED and asked him not to leave the country without its permission.
Karti's name had come up in the case relating to the Foreign Investment Promotion Board's (FIPB) approval granted in 2007 for receipt of funds by INX Media when his father and Congress leader P Chidambaram was the finance minister during the previous UPA regime.
Source: http://cablequest.org/index.php/news/national-news/item/12377-karti-chidambaram-s-ca-gets-bail-in-inx-media-case
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