INX Media case: HC stays arrest of Chidambaram till Jan 15

INX Media case: HC stays arrest of Chidambaram till Jan 15

Agency News

New Delhi, Nov 29 : Giving relief to former Finance Minister P Chidambaram, the Delhi High Court on Thursday extended his interim protection from arrest till January 15, in the INX Media case.

The Court was hearing the anticipatory bail filed on behalf of Chidambaram, who was apprehending arrest in the INX Media case, lodged by the Directorate of Enforcement (ED) and the Central Bureau of Investigation (CBI).

The Court had earlier directed the ED not to take any coercive against Chidambaram, till November 29.

The Counsel for Chidambaram submitted before the court that they had moved the court apprehending arrest in the case, as CBI had said it required the Congress leader's custodial interrogation, for the probe.

CBI had registered an FIR in INX Media case on May 15, 2017 by alleging irregularities in the FIPB clearance to the media group for receiving overseas funds to the tune of Rs 305 crore in 2007, when Chidambaram was the Finance Minister and after that, the ED had lodged the Money Laundering case.

The Directorate of Enforcement has attached assets worth Rs 54 crore of Karti Chidambaram, son of P Chidambaram in India, Spain and the UK, in connection with a money laundering case related to INX Media, an action termed "bizarre and outlandish" by the Congress veteran.

ED had earlier issued a provisional order under the Prevention of Money Laundering Act (PMLA) for the attachment of agricultural land and bungalow in Kodaikanal and Ooty of Tamil Nadu and a Rs 16 crore flat in South Delhi's posh Jorbagh locality, which is in the name of Karti and his mother Nalini Karti,

The national agency was investigating the case of Aircel Maxis deal of Rs 3500 crore and the INX Media case involving Rs 305 crore.

In this matter, both the CBI and the ED had carried out a series of raids on the houses and offices owned by the Chidambarams, while Karti was questioned several times by the ED.

Both CBI and the ED submitted before the High Court on Thursday that Solicitor General Tushar Mehta was busy in the Supreme Court and sought adjournment from the court.

While staying his arrest, the HC ordered Chidambaram to co-operate with the investigating agency, as and when required, and not leave the country without the permission of the court.(UNI)