Sivasankar will remain in custody since he is yet to get bail in another case registered by the Customs in the dollar smuggling case that came to light during the probe into the gold smuggling racket in Kerala.
The arrest of Sivasankar was recorded at a jail here, where he is lodged under judicial custody since his arrest by the Customs and the Enforcement Directorate in cases related to smuggling of gold through diplomatic channel.
The Customs decided to name Sivasankar, who is also as an accused in the gold smuggling case, on the basis of the statements given by Swapna and Sarith.
The report which accused Sivasankar of indulging in nepotism and grave irregularities has been submitted to the chief minister for necessary action.
The ED has not yet obtained any evidence to impose the Prevention of Money Laundering Act against CM Raveendran.
The court observed that the statements and the documents, submitted by the Customs in a sealed cover, confirmed Sivasankar's involvement in the crime.
The Department made the claim in the Economic Offences Court while opposing the bail application of the former principal secretary to the Kerala chief minister.
The ED has begun a probe to find out as to why Sivasankar shared the details for the gold smuggling case with the ANERT employee who is also a CPM supporter.
The chargesheet has details of Sivasankar's daily WhatsApp chats with Resyunni regarding the alleged Rs 80 lakh scam involving the controversial consultancy firm PwC.
The ED's finding is that the gold smuggling was facilitated by Sivasankar and a group of people in the chief minister's office.