A Delhi Court extends ED custody of Karti Chidambaram's CA by two days

ANI | Updated: Feb 21, 2018 21:03 IST

New Delhi [India], Feb. 21 (ANI): A Delhi Court on Wednesday extended the Enforcement Directorate (ED) remand of S. Bhaskaran, Karti Chidambaram's Chartered Accountant (CA) by two days, in connection with INX Media money laundering case.

ED sought the remands for more days as Bhaskaran needs to be confronted with some evidence.

"Bhaskaran is still not cooperating with the agency properly," ED's counsel said.

Heated argument took place between ED counsel and defence counsel during hearing.

ED counsel advocate Rajeev Awasthi clearly stated that "Karti Chidambaram is cooperating with investigating agency that's why he is not arrested".

The ED had registered a money laundering case against Karti, son of former finance minister P. Chidambaram, in May 2017.

Karti is facing a probe for his alleged role in facilitating Foreign Investment Promotion Board (FIPB) clearance for INX Media Ltd and its directors, Peter and Indrani Mukerjea - both accused in the murder of Sheena Bora -and others.

Chidambaram is alleged to have received Rs. 3.5 crore from the Mumbai-based INX Media, now 9X Media, for helping it get the FIPB clearance when it was run by the Mukerjeas. (ANI)