New Delhi, August 20:  Former Finance Minister and senior Congress leader P Chidambaram's anticipatory bail plea was rejected by the Delhi High Court on Tuesday. The bail was denied to Chidambaram in both the ED and CBI case  registered against him. The case against Chidambaram goes back to 2017, when the CBI registered an FIR on May 15, 2019 against the Congress leader for alleged irregularities related to FIPB clearance to INX Media. Whereas, the ED registered a case of money laundering against Chidambaram in 2018. Aircel-Maxis Case: ED Names P Chidambaram As Prime Accused In Chargesheet.

Chidambaram, in his tenure as the Finance Minister in the UPA I government, faces charges of corruption and money laundering cases related to the INX Media scandal. After the rejection of his bail pleas, the former finance minister is likely to move the Suprme Court. ED Seeks Custodial Interrogation of Chidambaram in Aircel-Maxis Money Laundering Case.

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The Delhi High Court had on July 25, 2018 granted interim protection from arrest to Chidambaram. The bail was extended from time to time for more than a year in the case.

This is the second big set-back for P Chidambaram in as many days. On Monday, a summon was issued to senior Congress leader P Chidambaram by the Enforcement Directorate (ED), asking him to appear before the investigative agency on Friday. The former Union Minister is under scanner for his role in the alleged scam involving the purchase of 111 planes for Air India in 2007.

(The above story first appeared on LatestLY on Aug 20, 2019 04:05 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).