INX Media Case: Know How Chidambaram Is Connected With It

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 finance minister. Thereafter, the ED lodged a money laundering case in this regard in 2018. Earlier, Former Finance Minister P Chidambaram was arrested by the CBI Wednesday night from his residence in connection with INX media corruption case after dramatic developments with the agency sleuths scaling walls to gain access to the bungalow in the high-end Jor Bagh locality.