38.6c New Delhi, India, Thursday, March 28, 2024
Crime, Police And Law

INX Media Case: P Chidambaram Arrested From Home, To Be Produced In CBI Court Today

By LawStreet News Network      22 August, 2019 11:08 PM      0 Comments
 INX Media Case: P Chidambaram Arrested From Home, To Be Produced In CBI Court Today

The former finance minister P. Chidambaram will be presented in CBI court today i.e., August 22, 2019, following his arrest in the INX Media case a day before.

The arrest was made after the Congress leader failed to get relief from the Supreme Court over CBI and ED's pursuit of him as the matter was not heard by the court despite repeated efforts of his lawyers.

Chidambaram's arrest became an intense political drama as CBI officials had to climb the wall of his residence to get inside his home to take him into custody.

Earlier Chidambaram who was nowhere to be found for over 27 hours surfaced at the congress party headquarters to address the media.

“In the INX media case, I have not been accused of any offence. Nor has anyone else, including any member of my family, been accused of any offence. In fact, there is no chargesheet by either the CBI or the ED filed before a competent court,” Chidambaram said.

He also said that the FIR did not accuse him of any wrongdoing. “Yes, there is a widespread impression that grave offences have been committed, and my son and I have committed those offences. Nothing can be farther from truth. These are lies spread by pathological liars,” he said.

In the INX media case, Chidambaram is an accused of FIPB (foreign investment promotion board) violation. INX media went on to receive foreign funds to the tune of Rs 305 crore from three Mauritius based firms- a violation of the FIPB order. It also invested money in INX media, another violation of the order.

CBI says that Karthi Chidambaram, son of P. Chidambaram also benefitted from the deal and kickbacks were transferred to his account to settle foreign direct investment issues.

This was confirmed by Indrani Mukherjee who turned approver in the case. Indrani Mukherjee in her testimony confirmed that she was asked to meet Karthi Chidambaram to settle INX media FDI deal.

She said that they met in a hotel in 2008 where Karthi Chidambaram asked her to transfer 1 million dollars in an overseas account.

Indrani's then-husband Peter Mukherjee objected to overseas transfer Karthi, in turn, suggested the names of two firms, chess management and advantage strategic for transfer of kickback.

P Chidambaram's arrest was to divert attention from the issue of Article 370: son Karti Chidambaram

Karti Chidambaram, son of P. Chidambaram commenting on the arrest said that the arrest of his father was carried out to divert attention from the issue of Article 370.

''This is totally vindictive and malicious act, done by a pliant agency. This is only done to settle political scores. There was absolutely no necessity to do this,'' Karti said.

He also said that ''This has been done only to create a spectacle on TV and to tarnish the image of Congress party and the former finance and home minister. This is completely trumped-up case in which he has absolutely no connection. We will fight this out politically and legally.”



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

sc-declines-to-reconsider-judgement-holding-conspiracy-to-be-scheduled-offence-under-pmla-only-if-offence-specifically-mentioned
Trending Judiciary
SC declines to reconsider judgement holding conspiracy to be scheduled offence under PMLA only if offence specifically mentioned [Read Order]

Supreme Court declines review, confirms conspiracy must relate to a scheduled offence under PMLA, dismissing appeal on money laundering charges.

27 March, 2024 07:40 PM
arvind-kejriwals-plea-for-interim-release-rejected-by-delhi-high-court
Trending Judiciary
Arvind Kejriwal's plea for interim release rejected by Delhi High Court [Read Order]

Delhi High Court rejects Arvind Kejriwal's plea for interim release in money laundering case related to liquor policy scam, pending ED's response.

28 March, 2024 10:50 AM

TOP STORIES

global-entertainment-giants-warner-bros-netflix-amazon-get-relief-from-delhi-hc-in-copyright-protection-case
Trending Business
Global entertainment giants Warner Bros, Netflix, Amazon get relief from Delhi HC in copyright protection case

Delhi HC grants relief to global entertainment giants like Netflix, Amazon, Warner Bros, ordering takedown of copyrighted content on rogue websites.

22 March, 2024 12:13 PM
arvind-kejriwal-arrested-can-cm-administer-a-region-while-being-in-jail
Trending Top Stories
Arvind Kejriwal Arrested | Can CM administer a region while being in jail?

Will President's rule be imposed in Delhi after Kejriwal’s arrest? Read the full article to know more.

22 March, 2024 03:16 PM
merely-because-you-are-politician-cant-bypass-statutory-remedies-procedure-sc-refuses-to-consider-bail-by-kavitha
Trending Judiciary
'Merely because you are politician, can't bypass statutory remedies, procedure,' SC refuses to consider bail by Kavitha

Supreme Court denies bail to politician Kavitha in Delhi Liquor Policy Scam; ED alleges Rs 100 crore illegal gratification.

22 March, 2024 03:34 PM
ponmudi-to-be-sworn-in-as-minister-tn-governor-relents-before-sc
Trending Judiciary
Ponmudi to be sworn in as Minister, TN Governor relents before SC

Tamil Nadu Governor relents to Supreme Court's order, agrees to swear in DMK leader K Ponmudi as Minister after court's rap.

22 March, 2024 03:54 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email