INX media case: HC rejects Chidambaram's anticipatory bail plea
P Chidambaram's involvement came under the scanner of various investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore
The Delhi High Court Tuesday dismissed the anticipatory bail plea of Congress leader and former Union minister P Chidambaram in the corruption and money laundering cases related to the INX Media scandal.
Justice Sunil Gaur denied relief to Chidambaram."Both the petitions (in CBI and ED case) are dismissed," said the justice. After the court pronounced the order, senior advocate Dayan Krishnan, appearing for Chidambaram, sought stay on the operation of the order for three days, to which the court said that it will consider the request and will pass order on it.
During the arguments, both the CBI and the Enforcement Directorate had opposed Chidambaram's plea on the ground that his custodial interrogation was required as he was evasive during questioning.
Both the probe agencies had contended that during Chidambaram's tenure as finance minister, FIPB clearance was granted to the media group for receiving overseas funds of Rs 305 crore in 2007.
ED contended that the companies in which money was transferred are directly or indirectly controlled by Chidambaram's son, Karti, and they have a reason to believe that the FIPB approval was granted to INX Media on his son's intervention.
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