The Delhi high court on Friday asked the Enforcement Directorate (ED) not to arrest Congress leader P Chidambaram ’s son, Karti Chidambaram who is suspected in the INX Media money laundering case, a major relief to Karti Chidambaram, till March 20.
Karti Chidambaram, 46, Has a Temporary relief from “any coercive action” taken against him by the ED till the next hearing of the case came a day after the Supreme Court handed over to the Delhi high court his appeal seeking to nullify of summons issued by the probe agency.
The high court bench of Justices S Muralidhar and I S Mehta still directed the businessman to cooperate in the investigation, appear before the ED whenever required and submit his passport.
“They were apprehending sequential arrests of their client by the ED after he is freed from the custody of the CBI, which is separately probing the case.” Senior counsels Kapil Sibal and Abhishek Manu Singhvi, appearing for Karti, told the court.
His custody ended on Friday even though Karti is being grilled by the CBI since his February 28 arrest.
Other Solicitor General Tushar Mehta, a special public prosecutor in the case, Told to the high court that “the CBI would seek an extension of his custodial interrogation for six more days.”
Tushar said, “he was going to seek more time for filing a reply on the bail plea of Karti in the CBI court case against him.”
Taking into consideration this, the high court directed the CBI court to proceed in the matter without being influenced by the bench’s interim relief order.
When his father was the Finance Minister in the UPA government, Karti is suspected receiving money to facilitate Foreign Investment Promotion Board (FIPB) clearance to INX Media in 2007and being investigated for.
The CBI has alleged that Karti received kickbacks in the approval of foreign investment worth Rs 305 crore for INX Media, Owned by Peter and Indrani Mukherjea.
The Mukherjeas are in jail in a murder case.
The CBI said it has a recorded statement of Indrani Mukherjea accusing “Karti of demanding and receiving a bribe to get the FIPB clearance.”