A Delhi court on Friday dismissed jailed Congress leader P Chidambaram's petition seeking to surrender in a money laundering case being probed by the Enforcement Directorate (ED) in the INX Media case.
The 73-year-old is facing probe in cases registered by both the CBI and the ED pertaining to alleged irregularities in the Foreign Investment Promotion Board clearance given to INX Media to the tune of Rs 305 crore in 2007 when he was the Union finance minister.
He was arrested by the Central Bureau of Investigation (CBI) on Aug 21 and sent to its custody for interrogation. Last week, a CBI court sent Chidambaram to judicial custody in Tihar Jail till September 19.
Yesterday, Solicitor General Tushar Mehta, appearing for the ED, had said that the agency does not want his custody as he cannot tamper with the evidence or influence the witnesses since he is already in the judicial custody.
"We are waiting to see if the "conducive time" occurs immediately at the end of Chidambaram's judicial custody," Mehta told the court.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
