Wednesday, 21 August 2019

INX Media case: CBI arrests former FM Chidambaram amid high drama

At his press conference, Chidambaram said neither he nor any member of his family had been accused of any offence in the INX Media case
Chidambaram arrest
A day of courtroom drama and claims by probe agencies that he was evading arrest culminated with former finance minister P Chidambaram dramatically surfacing at the Congress headquarters to address the media on Wednesday evening, and his arrest little more than an hour later at 9.45 pm from his south Delhi home.
The Central Bureau of Investigation (CBI) will produce the senior Congress leader before a CBI special court within 24 hours, likely by Thursday afternoon, and the agency is set to seek his 14-day custody. Sources said he would be questioned on Wednesday night as well. After the CBI, the Enforcement Directorate (ED) would seek Chidambaram’s custody for a money-laundering probe, an ED official said.
The CBI and the ED are investigating money-laundering and corruption charges against P. Chidambaram — and the role of his son, Karti — in granting Foreign Investment Promotion Board (FIPB) clearances to the INX Media group and five other companies in 2007, when he was finance minister of the country.
At his press conference, Chidambaram said neither he nor any member of his family had been accused of any offence in the INX Media case. He said there was no charge sheet filed by either the CBI or the ED before a competent court. “Moreover, the FIR recorded by the CBI does not impute to me any wrongdoing. Yet, there is a widespread impression that grave offences have been committed, and my son and I have committed those offences. Nothing can be further from the truth. These are lies spread by pathological liars,” he said.

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