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Setback for Chidambaram, arrest likely

By The Assam Tribune

NEW DELHI, Aug 20 - Congress leader P Chidambaram suffered a major setback on Tuesday as the Delhi High Court dismissed his anticipatory bail in the INX Media scam, paving way for the investigating agencies, CBI and ED, to arrest him.

The high court held that he was �prima facie the kingpin� in the INX Media corruption and money laundering cases and �simply because he is a Member of Parliament would not justify grant of pre-arrest bail to him�.

After his anticipatory bail plea was rejected by the high court, officials of the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) arrived at the residence of Chidamabaram here in the evening. The CBI and ED teams came to the former Finance Minister�s residence one after the other, but could not meet him as he was not at home.

Earlier in the day, holding that the former Union minister�s custodial interrogation was required for an effective investigation, the high court said, �granting bail in cases like the instant one will send a wrong message to the society�.

Justice Sunil Gaur, who is due to retire on Thursday, said this court cannot permit the prosecution in this �sensitive case to end up in smoke like it has happened in some other high profile cases�.

The high court said this was a �classic case of money laundering� and the twin facts which have weighed to deny pre-arrest bail to him are �gravity� of the offence and �evasive� replies given by him to questions put to him while he was under protective cover extended to him by this court.

The CBI had registered an FIR on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram�s tenure as the Finance Minister.

Thereafter, the ED in 2018 lodged the money laundering case in this regard.

The court, which had reserved its order on January 25 on the anticipatory bail pleas of Chidambaram in both CBI and ED cases, also declined interim protection from arrest to him for approaching the Supreme Court in the case.

The high court had on July 25, 2018 granted interim protection from arrest to Chidambaram in both the cases and it had been extended from time to time.

After the high court denied any relief to him, Chidambaram approached the Supreme Court from where he failed to get any immediate relief and was asked to mention the plea on Wednesday morning. � Agencies

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