Left Menu
Development News Edition

INX Media money laundering case: Chidambaram moves SC challenging HC order dismissing bail plea


INX Media money laundering case: Chidambaram moves SC challenging HC order dismissing bail plea
Image Credit: Wikimedia Commons

Senior Congress leader P Chidambaram on Monday moved the Supreme Court challenging the Delhi High Court's order dismissing his bail petition in the INX Media money laundering case. A bench headed by Chief Justice S A Bobde, who was administered the oath of office by President Ram Nath Kovind earlier in the day, was told by senior advocate Kapil Sibal that Chidambaram was in jail for around 90 days and his bail plea be heard either on Tuesday or Wednesday.

"We will see," the bench told Sibal. The Delhi High Court had on Friday dismissed Chidambaram's bail plea in the case filed by the Enforcement Directorate (ED), saying prima facie allegations against him are serious in nature and he played an "active and key role" in the offense.

Chidambaram was first arrested by the Central Bureau of Investigation (CBI) on August 21 in the INX Media corruption case and was granted bail by the Supreme Court on October 22. The case was registered by the CBI on May 15, 2017, alleging irregularities in a Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007, during Chidambaram's tenure as finance minister.

Thereafter, the ED had lodged a money laundering case in this regard in 2017.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

JNU Administration's 100-meter challenge before JNUSU

For the first time in its history, Jawaharlal Nehru University JNU Administration is seeking permanent deployment of local police to keep protesting students at 100 meters away from the Administrative Block. It would be interesting to see h...

Sentiment Analysis of Twitter users during COP25: Governments losing trust on Climate Action

Sentiment analysis of Twitter users during COP25 in Madrid, being held from December 2-13, shows widespread fear on climate change due to global warming but almost no trust on governments in meeting the emission targets. In the analysis the...

These innovators are making humanitarian response more efficient

These alarming trends prompt a call for the world to not only address the ongoing crisis but also to adopt innovative approaches to fulfill the growing humanitarian needs in such emergencies. ...

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Videos

Latest News

Citizenship law is India's internal matter: French Ambassador

French Ambassador to India Emmanuel Lenain on Monday said that the Citizenship Amendment Act is Indias internal matter and we respect that. Citizenship Amendment Act is an internal matter of India and we respect that, the envoy told reporte...

BJP rally in support of amended Citizenship Act blocked by police

BJP supporters sat on demonstration at the busy Sulekha crossing on Monday in the southern part of the city after the police blocked their rally in support of the amended Citizenship Act.Heated arguments and scuffles broke out after BJP sup...

UPDATE 1-Cricket-New-look S Africa name six uncapped players for England tests

South Africa have named six uncapped players in their 17-man squad for the first two tests of the four-match series against England as new coach Mark Boucher seeks to revive the fortunes of the ailing side.Having lost stalwarts Hashim Amla ...

BJP trying to prepare ground for making India Hindu rashtra: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Monday alleged that the BJP government at the Centre is trying to prepare the ground for making India a Hindu rashtra instead of focusing on the countrys economy. Targeting Prime Minister Narendra Mo...

Give Feedback