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Chidambaram Chidambaram

INX MEDIA CASE: Troubles mount for Chidambaram

Aug 21, 2019

Rapid fire events have unfolded on Tuesday related to the former Union Minister's alleged involvement in the INX Media corruption and money laundering case.

It started with the Delhi High Court rejecting his anticipatory bail plea and even refusing to grant him protection from arrest that triggerred a frenzied run of lawyers such as Kapil Sibal and Abhishek Manu Singhvi to the Supreme Court seeking the Chief Justice of India's intervention..but they failed to get Chidambaram any reprieve..here's more..

A double whammy for Congress leader and former Union minister P Chidambaram on Tuesday...the Delhi High Court declined not just his anticipatory bail plea but also interim protection from arrest for approaching the Supreme Court in the corruption and money laundering cases related to the INX Media scam.

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 wrong message to the society.

He also noted that the Congress leader was evasive in replies to the probe agencies when he was under protective cover given by the court.

This sent the senior Congress leader and his legal team into a tizzy. Senior advocates Kapil Sibal, Abhishek Manu Singhvi and Salman Khurshid rushed to the apex court following the high court order. They were asked to mention the case in the Supreme Court on Wednesday for urgent hearing.

CBI had registered an FIR on May 15, 2017 alleging irregularities in the FIPB clearance granted to the media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.

The ED had in 2018 lodged the money laundering case in this regard and CBI summoned him for questioning. On 30th of May 2018, Chidambaram moved Delhi High Court seeking anticipatory bail plea in the corruption case of CBI.

And on 23rd July he moved Delhi HC for anticipatory bail in the money laundering case of ED. He got interim protection from arrest in both cases on 25th July 2018. In January 2019, the High Court reserved his anticipatory bail in both cases.

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