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No protection from arrest for P Chidambaram as Delhi High Court dismisses bail pleas

File photo of P Chidambaram. Photograph:( Reuters )

WION Web Team New Delhi, India Aug 20, 2019, 03.22 PM (IST) Edited By: Sparshita Saxena

Delhi High Court on Tuesday dismissed both anticipatory bail pleas of former Finance Minister P Chidambaram in connection with INX Media case, news agency ANI reported

Chidambaram has now no protection from arrest. The pleas have been opposed by both the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED). 

Senior lawyer Kapil Sibal, who is representing P Chidambaram said that they will now move the Supreme Court. 

"We will mention the matter before the Supreme Court tomorrow morning," Sibal told reporters. 

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The Enforcement Directorate had summoned Chidambaram to appear before it for questioning in connection with the purchase of 111 aircraft for Air India during Congress-led United Progressive Alliance (UPA) government's tenure, sources said on Monday.

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According to the sources, the case pertains to the purchase of 111 aircraft - 48 aircraft from Airbus and 68 from Boeing for Rs 70,000 crore in 2007.

The senior Congress leader will, on August 23, depose before the agency and record his statement in connection to the purchase of 48 aircraft from Airbus.

On May 15, 2017, the CBI had registered an FIR in the INX Media case alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the media group for receiving overseas funds to the tune of Rs 305 crore in 2007. Chidambaram was finance minister in the UPA I government at that time.

The ED had lodged a money laundering case in this regard last year.

(With inputs from ANI)