Home / BUSINESS / Chidambaram Case LIVE: Setback For Ex-Finance Minister as SC Says Can’t Entertain Interim Bail Plea After CBI Arrest – News18

Chidambaram Case LIVE: Setback For Ex-Finance Minister as SC Says Can’t Entertain Interim Bail Plea After CBI Arrest – News18



The hearing started after a delay as Chidambaram’s plea challenging the trial court’s order remanding him to CBI custody in the INX media case was not listed for hearing today despite the apex court’s direction on August 23, after which the matter was referred to CJI Ranjan Gogoi.

On Friday, the apex court had granted protection from arrest till Monday to Chidambaram in the money-laundering case lodged by the Enforcement Directorate. The court has sought replies from ED on Chidambaram’s plea and directed that all the three matters should be listed on Monday. Chidambaram has contended that it is violation of his fundamental right under Article 21 of the Constitution that his petition challenging the high court order was not heard by the apex court on July 20 and 21 and he was arrested on the August 21 night.

Solicitor General Tushar Mehta, appearing for ED, had said that lot of “hue and cry” and “political vendetta” is alleged by the petitioner (Chidambaram) and his party colleagues but “I am saying with a great sense of responsibility that this is a case of money laundering of a monumental magnitude”.

”CBI has recorded statement of Indrani Mukherjea, which will be tested in the trial, that she and her husband Peter had gone to Chidambaram for FIPB approval and he (Chidambaram) had asked them to take care of his son,” Mehta had argued.

The CBI had registered an FIR on May 15, 2017, alleging irregularities in the Foreign Investment Promotion Board clearances granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram’s tenure as finance minister.

Thereafter, the ED lodged a money-laundering case in 2017.

Chidambaram was arrested on August 21 night from his Jor Bagh residence by the CBI in the corruption case and was produced before a trial court on August 22, which remanded him to four-day CBI custody till August 26.

Chidambaram Case LIVE: Setback For Ex-Finance Minister as SC Says Can’t Entertain Interim Bail Plea After CBI Arrest – News18

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