“I have materials to show that laundering of money continued after 2009 and even today (in the INX Media case)," Solicitor General Tushar Mehta, appearing for the ED, told a two-judge Bench of Justices R Banumathi and A S Bopanna. Mehta added that the ED would want to interrogate the former Union minister without the “protective umbrella” of anticipatory bail.
The apex court on Thursday reserved its order in the matter, after hearing senior advocates Kapil Sibal and Abhishek Manu Singhvi, appearing for Chidambaram, and Mehta, appearing for the ED, for four days. The court said it would pronounce its order on September 5 and until then the protective cover from arrest by the ED for Chidambaram would continue.
‘Good news’ for Indrani
“His (Chidambaram) arrest is good news. He is now cornered”- Indrani Mukerjea, approver in the case against P Chidambaram and his son Karti.
The former Union Minister continues to remain the custody of the Central Bureau of Investigation (CBI). Though his custody with CBI ends on Friday, Chidambaram through his counsels told the apex court that was ready to remain in the custody of probe agency till September 2. The court, however, refused to comment on the same.
A two-judge Bench of the apex court is hearing a plea moved by Chidambaram, who has challenged the August 20 judgment of the Delhi High Court, which denied him anticipatory bail in the INX Media corruption and money laundering cases lodged by the CBI and the ED.
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
-
Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
-
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in