P.Chidambaram will appear before a special CBI court in New Delhi in connection with the INX Media case on Monday. A production warrant in this regard was issued after the ED approached the court today to seek the former Union Minister’s custody,So he can be further questioned on the alleged money laundering scam.Special Judge Ajay Kumar Kuhar has ordered Mr Chidambaram’s presence in his court.
Foreign Investment Promotion Board clearance granted to the INX Media group for receiving overseas funds amounting to Rs.305 crore in 2007, When Mr Chidambaram was the Finance Minister under the then UPA government.The money laundering case filed against him in 2017 is being jointly investigated by the ED and CBI.
The Delhi High Court took note of their concerns late last month and turned down Mr Chidambaram’s bail plea,following which the special court directed that he be kept in Tihar jail. However,he was allowed certain concessions including food sent from home and regular medical checkups in view of his health.
Mr Chidambaram is accused of signing off on a huge infusion of foreign funds into INX Media during his term as Finance Minister at the behest of his son, Karti Chidambaram.The probe agencies have accused Karti of receiving kickbacks in this regard,and are trying to trace the money which they believe is stashed abroad.
Indrani Mukerjea,who was the then co-owner of INX Media with her husband Peter Mukerjea,has turned approver in the case against the Chidambarams.