INX Media Case: Delhi HC extends interim protection of Chidambaram till Nov 29

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The Delhi High Court (HC) on October 25 extended the interim protection of former Finance Minister P. Chidambaram in connection with the INX media money laundering case till November 29.

Earlier on September 28, the court had extended Chidambaram’s interim protection from arrest till today.

The former minister had filed an anticipatory bail plea seeking protection from arrest by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).

The CBI had registered an FIR on May 15, 2017 in the INX Media case against the alleged irregularities in connection with the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when Chidambaram was the finance minister under the United Progressive Alliance government.

Ex-minister’s son, Karti was arrested on February 28 by the CBI for allegedly taking money to facilitate the FIPB. Later he was granted bail.

Former finance minister and his son have denied all allegations made by CBI, as well as the ED.