SC declines Karti's plea seeking release of Rs.10 crore security

New Delhi: The Supreme Court on Tuesday declined to consider Karti Chidambaram's plea seeking release of his Rs 10 crore deposit, submitted as security for travelling abroad.

A Bench of Justices Indira Banerjee and Sanjiv Khanna asked Karti's advocate to mention the plea before a Bench of Chief Justice India Ranjan Gogoi as there is no urgency in the matter.

Karti's counsel told the court he had taken a loan to submit the security deposit and is paying interest on it.

Son of senior Congress leader P Chidambaram, Karti Chidambaram is facing probe in the INX Media and the Aircel Maxis cases. On January 30, a Bench of the Chief Justice had allowed him to travel



abroad but with a condition of depositing the said amount.

After making the deposit he travelled abroad, but again approached the top court last week seeking permission to travel US, Spain and Germany for international tennis tournaments in May and June. The Chief Justice allowed his plea and ordered him to deposit another Rs 10 crore as security.

As a result, Karti sought that the sum deposited earlier, after the January 30 order, be released as he had to take a loan to raise the amount and is paying interest.

Congress' Karti Chidambaram is contesting Lok Sabha elections from Tamil Nadu's Sivaganga parliamentary seat.