ED asked not to arrest Karti Chidambaram for now

ED asked not to arrest Karti Chidambaram for now

Meanwhile, the CBI court has also asked the investigation agency to file Karti's bail application which will be heard on March 15.

Karti Chidambaram, son of former finance minister P Chidambaram, arrives at Patiala House courts in connection with the INX Media money laundering case, in New Delhi, on Friday.

It is a 10-year old case and all the documents are available with the CBI and the only goal in seeking Karti " s custody is to just harass him, Singhvi said.

A Bench of Justice S. Muralidhar and I.S. Mehta said the Directorate will not arrest Mr. Karti Chidambaram till the next hearing in the High Court, in case the special court grants him bail in the corruption case registered by the CBI.

"So we need six more days of police custody".

During a almost two-hour hearing before a bench headed by Chief Justice Dipak Misra, Additional Solicitor General Tushar Mehta, appearing for the ED and Karti's senior counsel Kapil Sibal, traded a volley of charges.

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The bad news: that place is Oakland, where the 50-14 Warriors are often well ahead going into the final period of play. But that changed soon after he came back from talking to reporters after the game on Thursday.

Karti Chidambaram is being investigated for allegedly receiving money to facilitate Foreign Investment Promotion Board (FIPB) clearance to INX Media in 2007 when his father was the Finance Minister in the UPA government. Singhvi said the "so called" new fact in the form of address of Advantage Strategic Consulting was available on Google. "It is his constitutional right", Mehta said, adding that the court may quash the proceedings if it so wished, but it should not allow him to withdraw the petition.

The ED had registered a case against him and others in May a year ago.

He claimed in the court that during a raid conducted the day before yesterday at the Chennai office of Advantage Strategic Pvt Ltd, various incriminating documents were recovered.

Karti is being interrogated by the CBI since his February 28 arrest. "It is tragic as well as comic for me".

Senior counsels Kapil Sibal and Abhishek Manu Singhvi, appearing for Karti Chidambaram, told the court that 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. "The application reeks of lack of bonafide", Singhvi said. This is one of the primary reasons the CBI wants to confront Karti with other co-accused like his chartered accountant Bhaskararaman, who is lodged in Tihar jail, besides confronting him with material evidence to be able to elicit some information from him.

The court reserved its order on extending judicial custody till 4.30 p.m.

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