INX Media Case Updates: P Chidambaram Will Remain In CBI Custody Till Aug. 26
CBI officials arrested Congress leader P Chidambaram from his Jor Bagh residence in New Delhi on Wednesday night. (Photo: PTI)

INX Media Case Updates: P Chidambaram Will Remain In CBI Custody Till Aug. 26

Latest First
  • Oldest First

Chidambaram To Remain In CBI Custody Till Aug. 26

Congress leader and former union finance minister P Chidambaram was on Friday granted protection from arrest by the Supreme Court till Aug. 26 in the money laundering case lodged by the Enforcement Directorate in the INX Media case.

However, Chidambaram will continue to be in custody as the apex court, did not intervene in the CBI case in which he has been sent for custodial interrogation of the agency till Monday.

A bench comprising justices R Banumathi and A S Bopanna posted both the matters for hearing on Monday, Aug. 26.

The hearing witnessed heated exchange of words between prosecution counsel and Solicitor General Tushar Mehta and senior advocate and Chidambaram's party colleagues Kapil Sibal and AM Singhvi.

SG Mehta vehemently opposed the order granting protection from arrest to Chidambaram in the money laundering case registered by the ED.

The apex court was hearing two separate petitions filed by Chidambaram challenging the Delhi High Court Aug. 20 verdict by which his anticipatory bail was dismissed in the cases registered by both the agencies-- CBI and ED.

In the CBI case, a special court on Thursday sent Chidambaram for custodial interrogation after he was arrested on the night of Aug. 21.

Mehta said that Chidambaram cannot be arrested in the ED case till Monday as he is already in the custody of the CBI and a person cannot be arrested simultaneously by two agencies.

Supreme Court Adjourns Hearing P Chidambaram’s Appeal In CBI Case To Aug. 26.

Supreme Court will hear P Chidambaram's appeal against the Delhi High Court order in CBI case on Aug. 26, according to ANI.

Appearing for the former finance minister, Kapil Sibal told the Supreme Court that Chidambaram’s fundamental right to access to justice has been frustrated by the way in which the plea against Delhi HC verdict was not heard despite moving the Supreme Court on time.

Sibal also questioned the Solicitor General’s move to give the High Court Judge a note after the arguments were over.

CBI Expands Probe Against Chidambaram

The CBI has expanded the probe against former finance minister P Chidambaram, bringing under its ambit foreign investment clearances given to companies other than INX media during his tenure, officials said.

The CBI suspects that Chidamabaram and his son Karti also received kickbacks from other companies to facilitate foreign investment clearances through the FIPB route which necessitates the former minister's custodial interrogation, they said.

Both Chidambaram and Karti have strongly denied allegations of corruption levelled by the CBI.

The agency in its FIR related to INX media case has alleged that Karti Chidambaram helped the company by using his influence in the ministry to get clearance for FDI investment worth Rs 305 crore and for it companies linked to him received payments under the garb of consultancy services.

The FIR has not mentioned whether Chidambaram himself received any payments for granting FDI clearances.

Court Grants Chidambaram's Custody To CBI

A Delhi Court allowed four-day CBI custody of Congress leader P Chidambaram in the INX Media corruption case.

Special Judge Ajay Kumar Kuhar asked the agency to conduct medical examination of Chidambaram as per the rules. The court also allowed the family members and lawyers of Chidambaram to met him for half an hour every day during the CBI custody.

“Considering the facts and circumstances, I am of the view that police custody is justified,” the judge said and remanded him to CBI’s custody till Aug. 26.

CBI had said that a custodial interrogation is necessary to unearth larger conspiracy in the INX Media corruption case.

Meanwhile, Chidambaram’s plea against the Delhi High Court order denying him anticipatory bail has been listed for Friday before Supreme Court bench headed by Justice R Banumathi.

Delhi Court Reserves Order On Chidambaram's Custodial Interrogation

A Delhi Court has reserved its order on the CBI’s plea seeking five day custodial interrogation of Congress leader P Chidambaram, who was arrested in the INX Media corruption case.

Special Judge Ajay Kumar Kuhar heard the arguments of CBI and Chidambaram's counsel for over one-and-a half-hour.

The judge said he will pronounce the order after 30 minutes.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.