New Source of CP violation in B physics ?

In this talk we discuss how the down type left-right squark mixing in Supersymmetry can induce a new source of CP violation in the time dependent asymmtries in B --> phi K process. We use QCD improved factorization process to calculate the hadronic matrix element for the process and find the allowed parameter space for $\rho $ and $\phi $, the magnitude and phase of the down type LR(RL) squark mixing parameter $\delta^{bs}_{LR(RL)}$. In the same allowed regin we calculate the expected CP asymmtries in the $B \to \phi K^{*}$ process.