INX Media case: Delhi High Court extends interim protection to P Chidambaram till 29 November

Chidambaram's alleged role has come under the scanner of investigating agencies in connection with the Foreign Investment Promotion Board (FIPB) clearance of Rs 305 crore given to INX media

FP Staff October 25, 2018 12:14:02 IST
INX Media case: Delhi High Court extends interim protection to P Chidambaram till 29 November

The Delhi High Court has extended interim protection to former Union minister P Chidambaram in the INX media case.

Earlier, the Delhi High Court had extended Chidambaram's interim protection from arrest in the INX Media money laundering case till 25 October. Justice Mukta Gupta said that the interim order on protection from arrest will continue till 25 October.

The court was then hearing Chidambaram's anticipatory bail petition which pleads for protection from arrest by the Enforcement Directorate (ED) in the case.

On 25 July, the court had granted Chidambaram interim protection, which was later extended to 28 September.

In the INX Media case, the CBI had registered a first information report (FIR) on 15 May last year against alleged irregularities in the FIPB clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was finance minister.

Chidambaram's alleged role has come under the scanner of investigating agencies in connection with the Foreign Investment Promotion Board (FIPB) clearance of Rs 305 crore given to INX media - a venture promoted by former media baron Peter Mukerjea and his wife Indrani.

Chidambaram had been asked by the CBI to appear on 6 June for questioning in connection the case,

INX Media case Delhi High Court extends interim protection to P Chidambaram till 29 November

File image of former finance minister P Chidambaram. PTI

He was called for questioning in the case but he sought another date to comply with the Central Bureau of Investigation (CBI) notice, they said.

His son, Karti was arrested on 28 February by the CBI for allegedly taking money to facilitate the FIPB clearance to INX Media in 2007 when his father was the Union Finance Minister in the United Progressive Alliance (UPA) government. Later, Karti was granted bail.

Karti's chartered accountant S Bhaskararaman was arrested in the case by the ED and he was later granted bail.

Both Karti and Chidambaram have denied all allegations made by CBI, as well as the Enforcement Directorate (ED).

The CBI initially alleged that Karti received Rs 10 lakh as bribe for facilitating the FIPB clearance to INX Media. It later revised the figure to $1 million.

The other accused in the case include then INX Media Director Indrani Mukerjea and then INX News Director Peter Mukerjea.

--With inputs from agencies

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Timeline of the Sushant Singh Rajput death case: From Mumbai Police investigation to CBI takeover
India

Timeline of the Sushant Singh Rajput death case: From Mumbai Police investigation to CBI takeover

Every day brings a new revelation in Bollywood actor Sushant Singh Rajput's death case. Here's a timeline of all the events transpired in the case since 14 June

AP EAMCET 2020: Deadline for submitting applications extended till 15 September; check sche.ap.gov.in
India

AP EAMCET 2020: Deadline for submitting applications extended till 15 September; check sche.ap.gov.in

Candidates who wish to take the entrance test can register themselves at sche.ap.gov.in by 15 September. Applicants will, however, have to pay a late fee of Rs 10,000

With their single 'Dynamite' at number 1 on the Billboard 100, how BTS is changing the definition of pop music
Entertainment

With their single 'Dynamite' at number 1 on the Billboard 100, how BTS is changing the definition of pop music

BTS' experience continues to expose the entrenched fissures around race, language and national origin in a music industry which purports to be global.