Chidambaram granted interim protection by SC

first_imgNew Delhi: The Supreme Court on Friday granted interim protection from arrest, till August 26, to former Finance Minister P Chidambaram in the INX Media money laundering case being probed by the Enforcement Directorate (ED).”We are inclined to continue his interim protection in the Enforcement Directorate. He had interim protection from arrest before as well,” a bench headed by Justice R Banumathi said. The court also observed that his son Karti Chidambaram, who is co-accused in the case and others were out on bail. Also Read – India gets first tranche of Swiss bank a/c detailsThe senior Chidambaram will remain in CBI custody till August 26 as the top court did not interfere in that matter. However, Chidambaram also challenged the trial court order awarding four-day CBI custody during the hearing of the anticipatory bail plea moved by him in two cases connected to INX media. Both the Central Bureau of Investigation (CBI) and the ED case will be listed on Monday before the Supreme Court bench to examine the legality of handing his custody to the agencies concerned. Also Read – Tourists to be allowed in J&K from ThursdayMeanwhile, the CBI has sent judicial requests to five countries, seeking details of international transactions related to investments and payments made by the companies accused in the INX media case, officials said on Friday. The letter rogatory, a judicial request for information from an Indian court to a court abroad, was sent recently to the United Kingdom, Singapore, Mauritius, Bermuda and Switzerland, they said. INX media had proposed to receive foreign funds from three entities — Mauritius-based Dunearn and NSR-PE, and New Vernon Private Equity Limited, part of a US-based company. All these entities are under the scanner of the agency, sources said. Besides, foreign transactions of the accused companies Advantage Strategic Consultancy Private Limited and Chess Management, allegedly linked to Chidambaram’s son Karti, are also under the scanner of the CBI, they said. “We need details of transactions of under-probe companies emanating from foreign shores, hence we have sent detailed questionnaire to those jurisdictions seeking details,” an official said. The CBI continued the questioning of Chidambaram on Friday for nearly six hours.last_img

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