The Supreme Court has granted bail to former Finance Minister P. Chidambaram in the INX Media corruption case filed by the CBI. However, P. Chidambaram is in custody till 24th October in the ED case. The Supreme Court said that P. Chidambaram should be released on bail if there is no need in any other case. The Supreme Court said that P. Chidambaram cannot go out of the country without getting permission from the court. Chidambaram was arrested by the CBI on 21st August in a corruption case. The agency has recently filed a charge sheet against him and others, including his son Karti and some bureaucrats. A charge sheet was filed against them for allegedly damaging the treasury by committing crimes punishable under the Prevention of Corruption Act and the Indian Penal Code.
P. Chidambaram is currently in the custody of the Enforcement Directorate (ED) in the INX Media money laundering case. The CBI filed an FIR on 15th May, 2017, alleging alleged irregularities in a Foreign Investment Promotion Board (FIPB) clearance to INX Media Group for receiving foreign funds of Rs 305 crore in 2007. After this, ED filed a money laundering case in this regard in 2017. The 74-year-old senior Congress leader challenged the September 30 judgment of the High Court in the apex court. His bail application was rejected by the High Court in the INX Media corruption case lodged by the CBI. A bench of Justice R Bhanumathi, Justice AS Bopanna and Justice Hrishikesh Roy will pronounce its judgment on the CBI’s plea challenging the High Court verdict.
SC granted P. Chidambaram bail in INX Mediacase lodged by CBI
