P. Chidambaram Arrests

CBI Arrests P Chidambaram After A Series of Dramatic Events on Wednesday 21 August 2019

Chidambaram arrest updates:Former finance minister P Chidambaram is likely to be produced before special CBI court anytime between 2-4 pm Thursday. The security has been beefed up at the court premises. The Central Bureau of Investigation (CBI) questioned Chidambaram for three hours today. Chidambaram had addressed the media at the Congress headquarters before his arrest on Wednesday, saying neither he nor any of his family members had been named in the INX Media case. Chidambaram has been accused of wrongdoing, money laundering and misusing the post of finance minister in the case. Congress MP and Chidambaram’s son Karti Chidambaram said his father had been arrested to “create a spectacle on TV and to tarnish his image and that of the Congress party”.

Former finance minister and senior Congress leader P Chidambaram was arrested by CBI in the INX Media case on August 21. Chidambaram’s son, Karti, allegedly used his father’s influence as a Union minister in the Congress-led United Progressive Alliance government in 2007 to influence approval for a Rs 305-crore foreign investment in INX Media.

The Central Bureau of Investigation has accused Chidambaram, Karti, INX Media, and unknown officials of the finance ministry in the case. INX Media was once owned by Indrani and Peter Mukerjea, the couple now in jail in an unrelated murder case.

February 22, 2019: CBI gets Centre’s clearance to press charges against P Chidambaram

May 29, 2019: SC rejects Karti Chidambaram’s plea for return of Rs 10 crore

August 1, 2019: Karti Chidambaram challenges ED notice to vacate Delhi home

August 20, 2019: HC rejects P Chidambaram’s anticipatory bail plea

August 20, 2019: After HC rejects plea, P Chidambaram meets Sibal in SC to discuss next move

August 21, 2019: SC refuses urgent hearing in the matter, CBI arrests P Chidambaram

Source :Business Times,Business Standard