- CBI said it was "impermissible" for high court to entertain bail plea
- Karti Chidambaram is accused of government clearance for INX Media
- He has said the case was result of "political vendetta"
In its appeal to the top court, the CBI said it was "impermissible" for the high court to entertain the bail plea when a similar application was pending before the trial court. The agency also said the court "erroneously" conducted a "detailed examination" of evidence on merits while granting bail -- which "seriously prejudiced" its case.
The court, while granting bail, had said relief should not be refused to an accused unless the crime was of the "highest magnitude" entailing "severe punishment".
Karti Chidambaram has been accused of getting government clearance for foreign investment to the tune of around Rs. 300 crore for INX Media- a television company then owned by Peter and Indrani Mukerjea - in exchange for bribes. Investigators said he used the influence of his father, who was the Union Finance Minister in the UPA government at the time.
The former minister and his son have said the case was the result of "political vendetta". Karti Chidambaram has maintained that he was being targetted since he is the son of a politician.
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