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Delhi HC grants interim relief to Karti Chidambaram, can't be arrested by ED

| @indiablooms | Mar 09, 2018, at 07:48 pm

New Delhi, Mar 9 (IBNS): The Delhi High Court has granted an interim relief to Karti Chidambaram, who is accused in a money laundering case, restricting the Enforcement Directorate (ED) from arresting him till next hearing, media reports said.

Earlier in a writ petition, Karti, who is the son of former Union Finance Minister and senior Congress leader P Chidambaram, has challenged the ED saying it has no jurisdiction to send him summons simply on the basis of the FIR lodged by the Central Bureau of Investigation (CBI).

Meanwhile, the court will hear the bail petition of Karti at 2 p.m. on Friday.

He is presently in the CBI custody.

A case was filed against Karti by the Enforcement Directorate in May last year alleging irregularities in the grant of Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving foreign investment of over Rs. 300 crore in 2007.

P Chidambaram, a Congress veteran, was serving as the Union Finance Minister during that period.

The CBI had filed separate case against Karti and others on the basis of information about alleged illegal payments made by INX media.

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