The Supreme Court on Tuesday refused to grant interim relief to Karti Chidambaram, son of former finance minister P Chidambaram, in the INX Media money laundering case, and posted the matter for hearing to 8 March.
Reports suggest that if the CBI fails to get the further custody of Karti, the Enforcement Directorate may arrest him to interrogate in the INX Media money laundering case.
The Enforcement Directorate shall be questioning former civil servants of the finance ministry in the UPA regime to look into charges of alleged collusion with Karti Chidambaram in granting approvals to INX Media.
The step is seen as a move to probe into the functioning of the finance ministry under the United Progressive Alliance government.
Karti is currently facing custodial investigation for allegedly influencing Foreign Investment Promotion Board. Officials familiar with the ongoing probe told a leading major daily that notices under relevant Sections have been issued to about half-a-dozen officials who were associated with FIPB during the period when INX secured approvals.
The agency will also question Peter Mukerjea, former director of the media group, again at a Mumbai jail in connection with the case. nPeter Mukherjea is in prison in connection with the Sheena Bora murder case and has been questioned by the ED last year.
Here are the Live Updates
#The Supreme Court declines to grant Karti Chidambaram interim protection from arrest in INX Media case
# The court also issues a notice to ED on his plea that it started money laundering proceedings without an FIR. The apex court will hear the matter next on March 8.
# Indrani Mukherjea's statement is just one of the evidence. In four days, substantial progress has been made: CBI Counsel Tushar Mehta.
# CBI Counsel Additional Solicitor General Tushar Mehta submitted a sealed envelope - containing fresh evidences - to the court.
# Nalini Chidambaram reaches Patiala House court ahead of hearing against KartiChidambaram
# SC issues notice to ED on PMLA case against Karti Chidambaram, next hearing on March 9
# Kapil Sibal appearing for Karti Chidambaram pleaded to the Supreme Court for interim relief in the case