INX Media case: Troubles mount for former Finance Minister P Chidambaram

New Delhi: Former Finance Minister and senior Congress leader P Chidambaram remained away as a Central Bureau of Investigation (CBI) team arrived at his residence on Wednesday morning, a day after the Delhi High Court refused him to grant any protection from arrest in the INX Media case.

Last night, the CBI had pasted a notice at Chidambaram’ Jor Bagh residence here asking him to appear before them within two hours of receiving the note.

On Tuesday, the Delhi High Court rejected Chidambaram’s request for anticipatory bail, saying “prima facie”, the facts of the case revealed that the “petitioner is the kingpin or key conspirator in the case”.

Justice Sunil Gaur, who dismissed Chidambaram’s anticipatory bail plea in the corruption and money laundering cases related to the INX Media scam, said that granting bail in such cases will send the wrong message to the society.

The CBI had registered an FIR on 15th May 2017, alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the media group for receiving overseas funds of  305 crore rupees in 2007 during Chidambaram’s tenure as the Finance Minister.

Thereafter, the ED lodged a money laundering case in this regard in 2018.

On 30th of May 2018, Chidambaram moved Delhi High Court seeking anticipatory bail plea in the corruption case of CBI.

Also Read: Former Madhya Pradesh CM Babulal Gaur Dies At 89

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