Chidambaram on the run to his last resort as CBI-ED give chase

Chidambaram on the run to his last resort as CBI-ED give chase
Caricature by Jagdish Bhawsar

While the panic Chidambaram is on his run to Supreme Court for anticipatory bail, CBI and the Enforcement Directorate officials visited Chidambaram’s residence three times since yesterday, say reports, however had to return without the former Finance minister who is facing charges against irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore.

Delhi High Court on Tuesday had rejected the anticipatory bail plea of the Congress leader in the corruption and money laundering cases. The court also declined interim protection from arrest to Chidambaram. Though Chidambaram immediately moved the Supreme Court seeking protection against any arrest from the probe agencies, the plea was postponed to be heard today. The former minister has been untraceable after 6.45 pm on Tuesday.

What did the Delhi High Court say on INX Media case?

The Delhi High Court said on Tuesday that the INX media case is a “classic case of money laundering” and it was of the prima facie opinion that his custodial interrogation is required for an effective investigation in the matter. Justice Sunil Gaur, who dismissed Chidambaram’s anticipatory bail plea in the corruption and money laundering cases related to the INX Media scam, said that granting bail in such cases will send wrong message to the society.

After the Delhi HC turned down his anticipatory bail plea, Chidambaram was also denied urgent hearing by the Supreme Court too. The Congress leader had approached the top court on Tuesday, requesting for an urgent hearing. However, the matter is now posted for hearing at 10.30 am on Wednesday.

Several Congress leaders have come out in support of Mr Chidambaram since yesterday who but remains as a classic example for the Congress’s corruption since decades.

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