NEW DELHI: The Rouse Avenue court on Friday extended interim protection from arrest to former finance minister P. Chidambaram and his son Karti Chidambaram and posted the matter on May 6 after the Enforcement Directorate (ED) sought more time to gather evidence in the case dealing with alleged irregularities in the approval by the Foreign Investment Promotion Board (FIPB) of the ₹3,500 crore Aircel-Maxis deal.
Justice OP Saini adjourned the hearing while remarking that no further delay would be appreciated. The ED said it was waiting for Letters Rogatory from Singapore and the United Kingdom and wanted the court to recognize the relevance and importance of the investigation in other jurisdictions to investigate money laundering beyond India.
It also sought four weeks to gather more evidence and custodial investigation of the Chidambarams.
Counsels for the Chidambarams, Kapil Sibal and Abhishek Manu Singhvi, opposed this. Singhvi raised points that there was no validation of the triple test here -- flight risk, tampering with evidence and non-cooperation. The court was adjourned for arguments on the bail plea.