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INX Media case: Reprieve for Karti Chidambaram, Delhi HC grants interim relief from arrest by ED

Delhi High Court grants interim relief to Karti Chidambaram from arrest from the Enforcement Directorate. Relief granted till next date of hearing. HC also issued notice to ED & Centre on Karti's plea.

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The Delhi High Court on Friday granted interim protection from arrest to Karti Chidambaram, son of senior Congress leader P Chidambaram, in Enforcement Directorate's money laundering case.

The relief has been granted till March 20. The Court also issued a notice to ED and Centre on Karti's plea. The Court said that if the trial court grants bail to Karti in the CBI case, ED shall not arrest him till the next date. 

The CBI has sought Karti's custody for six more days as the three-day custody granted to him by the court ends today. Delhi's Patiala Court has reserved the order about CBI's remand plea till 4.30 PM. 

Meanwhile, the court has extended the judicial custody of Karti's CA S Bhaskararaman, who was arrested by the Enforcement Directorate in the case, till March 22.

In his plea, Karti, who was arrested by the CBI at Chennai Airport on February 28, claimed that he had never attempted to influence witnesses, tamper with documentary evidence, pollute or obstruct the judicial process as was alleged by the probe agency.

Earlier, he sought bail from the court alleging that the CBI was acting at the behest of the Centre to malign the reputation of his father during whose tenure Foreign Investment Promotion Board (FIPB) clearance was granted to the INX Media group.

The CBI had lodged an FIR on May 15 last year alleging irregularities in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when P Chidambaram was the Union finance minister.

The agency has alleged that Karti had received funds to the tune of Rs 10 lakh in the case.

The Enforcement Directorate (ED) has also registered a money laundering case in the INX Media case.

(With agency inputs)

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