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INX Media Case: SC To Pronounce On Sept 5 Order On Chidambaram's Plea In Money Laundering Case
SC extends interim protection from arrest to Chidambaram till Sep 5 in the INX Media money laundering case.
New Delhi: The Supreme Court will pronounce on September 5, its order on the plea of former Finance Minister P Chidambaram in the INX Media corruption case lodged by the Enforcement Directorate, it said today. A bench of Justices R Banumathi and A S Bopanna also extended interim protection from arrest granted to Chidambaram till next Thursday.
Chidambaram offered before the bench to remain in the CBI custody till Monday. The court however refused to comment on Chidambaram's offer after solicitor general Tushar Mehta says extension of remand can be done only before CBI court.
The former Union minister offered before the bench to remain in the custody of CBI till Monday. The court refused to comment on it after solicitor general Tushar Mehta said that extension of remand can only be done before the CBI court.
The apex court also directed the ED to place before it in a sealed cover the material which the probe agency wanted to produce for the court's perusal. The top court said it will decide on the question whether it should look into the documents placed before it by the ED in a sealed cover.
The apex court is hearing a plea filed by Chidambaram who has challenged the August 20 verdict of the Delhi High Court denying him anticipatory bail in the INX Media corruption and money laundering cases lodged by the ED.
The CBI had lodged an FIR on May 15, 2017, alleging irregularities in Foreign Investment Promotion Board (FIPB) clearance granted to INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister. Thereafter, ED lodged a money laundering case.
(with inputs from PTI)
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