Supreme Court denies Karti Chidambaram anticipatory bail in ED money laundering case; lists matter for hearing on 8 March

The Supreme Court has denied anticipatory bail to Karti Chidambaram in a money laundering case that was registered against him by the Enforcement Directorate. According to LiveLaw, the apex court also issued a notice to the Enforcement Directorate in the case and posted the matter for further hearing on 8 March.

According to a News18 report, the top court refused to grant him anticipatory bail from arrest, saying that doing so would affect the trail proceedings.

File image of Karti Chidambaram. News18

File image of Karti Chidambaram. News18

In his plea, Karti had alleged that the ED was on a "fishing and roving enquiry" to malign the reputation of his father, former finance minister P Chidambaram. He had contented that the ED cannot act against him until the CBI completes its probe. "The CBI has committed contempt of Madras High Court by arresting me at the airport. The CBI hasn't even disclosed grounds of arrest," Karti had said in his plea.​ According to LiveLaw, Additional Solicitor General Tushar Mehta questioned the maintainability of Karti's petition. An article on LiveLaw also mentioned that Karti had sought quashing of all criminal proceedings initiated against him under the Prevention of Money Laundering Act (PMLA) by the ED in connection with FIPB approval for Aircel-Maxis and INX Media in 2006 and 2007. Karti had also challenged the summons issued to him by the ED in the cases. Kapil Sibal, representing Karti, argued that the ED case is related to the same transactions for which his client is in CBI custody presently. ED can’t investigate without any FIR. He requested for interim protection for Karti and said that after CBI, Karti should not be taken to ED custody.

Published Date: Mar 06, 2018 12:22 PM | Updated Date: Mar 06, 2018 12:49 PM

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