Delhi High Court heard former finance minister P Chidambaram’s bail plea in the INX Media case on Thursday issuing notice to CBI to file status report in the case within seven days.
The next date of hearing in the case is on September 23. Senior Congress leader’s lawyers have also withdrawn their second plea challenging judicial custody of him in the INX Media case.
Chidambaram is lodged in Tihar jail in the case. Senior advocates Kapil Sibal, Dayan Krishnan, Arshdeep Khurana and Salman Khurshid represented Chidambaram in the court.
Solicitor General Tushar Mehta and advocate Amit Mahajan represent the Central Bureau of Investigation (CBI) in the case.The matter was heard by Justice Suresh Kumar Kait.
On August 21, CBI had arrested Chidambaram from his residence in the posh Jor Bagh area of New Delhi.
The CBI had registered an FIR on May 15, 2017, alleging irregularities in the 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 Enforcement Directorate lodged a money laundering case in this regard in 2017.
Besides the INX Media Directors Indrani and Peter Mukherjea, the CBI has also booked Chidambaram’s son Karti Chidambaram and Padma Vishwanathan, Director, Chess Management Services and Advantage Strategic Consulting Ltd.