INX Media Case: Delhi High Court Extends Interim Protection from Arrest to P Chidambaram Till November 29
The other accused in the case include then INX Media Director Indrani Mukerjea and then INX News Director Peter Mukerjea.
New Delhi, October 25: The Delhi High Court has extended the interim protection from arrest to P Chidambaram in the INX media case for former Finance Minister P Chidambaram till 29 November. Earlier, the Delhi High Court on September 29 had extended the interim protection from arrest granted to the former union minister P Chidambaram in the INX Media corruption case in August. Explained: What is INX Media Case and Why is Karti Chidambaram Arrested?
The senior Congress leader's role had come under the scanner of investigating agencies in the Aircel-Maxis deal of Rs 3,500 crore and INX Media case involving Rs 305 crore. It was during his tenure as finance minister in the UPA-1 (2004-2009) regime that FIPB clearance was granted to the two ventures in which alleged irregularities have been found.
In the INX Media case, the CBI had registered an FIR on May 15, 2017 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 son Karti Chidambaram was also arrested in the matter on February 28, 2018 for allegedly receiving funds to the tune of Rs 10 lakh in the case. He was granted bail on March 23. The other accused in the case include then INX Media Director Indrani Mukerjea and then INX News Director Peter Mukerjea.
(The above story first appeared on LatestLY on Oct 25, 2018 12:53 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).