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Regular-article-logo Wednesday, 06 November 2024

INX Media case: Chidambaram moves Supreme Court seeking bail

The bench said the plea would be sent to Chief Justice of India Ranjan Gogoi for taking a call on listing of the matter

PTI New Delhi Published 03.10.19, 06:06 AM
Former finance minister P. Chidambaram outside a court in New Delhi on Thursday,  August 22, 2019.

Former finance minister P. Chidambaram outside a court in New Delhi on Thursday, August 22, 2019. PTI

Former finance minister P. Chidambaram on Thursday moved the Supreme Court seeking bail in the INX Media corruption case.

Senior advocate Kapil Sibal, representing Chidambaram, mentioned the matter for urgent listing before a bench headed by justice N. V. Ramana.

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The bench, also comprising justices Sanjiv Khanna and Krishna Murari, said that Chidambaram's plea would be sent to Chief Justice of India Ranjan Gogoi for taking a call on listing of the matter.

The Congress leader, who is presently lodged in jail in judicial custody, has moved the apex court challenging the Delhi High Court's September 30 verdict dismissing his bail plea in the case.

The high court had on Monday rejected his bail petition, saying the investigation was at an advanced stage and his influencing the witnesses cannot be ruled out.

It had dismissed the bail petition with hard-hitting remarks that it cannot be disputed that if the case is proved against Chidambaram, the offence is on society, economy, financial stability and integrity of the country.

Chidambaram is not a 'flight risk' and there is no chance of tampering with evidence but he can influence the witnesses if granted bail, the court had had said.

Chidambaram, 74, is in custody since his arrest by the CBI on August 21.

The court had said it cannot be disputed that Chidambaram has been a strong finance minister and home minister and is a Rajya Sabha MP at present.

Chidambaram, who was a finance minister as well as home minister in the UPA government from 2004-14, was arrested from his Jor Bagh residence in New Delhi and is in Tihar Jail under judicial custody till October 3.

The high court said the trial court's order remanding Chidambaram to judicial custody was 'justified.'

The CBI had registered an FIR on May 15, 2017, alleging irregularities in the 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 ED lodged a money laundering case in this regard in 2017.

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