New Delhi: The Delhi High Court has extended interim protection from arrest in INX media money-laundering case for P Chidambaram till November 29. Earlier this month, the Patiala House Court had extended till November 1 the interim protection to former Union minister P Chidambaram and his son Karti Chidambaram in connection with the Aircel-Maxis case. The duo is seeking protection from arrest by the CBI and the Enforcement Directorate (ED). (Also read: Court Gives Time to CBI For Obtaining Sanction to Prosecute Chidambaram)
In September, the Supreme Court had allowed Karti to travel abroad even though the investigating agency had informed the apex court that Karti was misusing the liberty granted to him by the court for travelling abroad, thereby using it to protract investigations. Hearing the Aircel-Maxis case, the court had also granted seven weeks to the CBI to obtain sanction to prosecute the former minister and other serving or former public servants in the Aircel-Maxis deal case. The court had pulled up the agency for filing the charge sheet without proper sanction and told the CBI that if the required documents were not filed by November 26, the next day of the hearing, the court may take appropriate action.
Earlier this month, a consulting firm allegedly linked to Chidambaram’s son Karti had moved the Madras High Court challenging the ‘freezing’ of its bank accounts by the ED in connection money-laundering case. The ED has attached assets worth Rs 54 crore of Karti in India, the UK and Spain. Fixed deposits worth Rs 90 lakh, kept in a bank in Chennai, in the name of ASCPL have also been attached, it said.
The ED had registered the money-laundering case on the basis of a CBI FIR and had alleged that irregularities took place in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was the Union finance minister.