INX media case: Court grants Chidambaram protection from arrest
P Chidambaram
The ED opposed the anticipatory bail, saying that 'the son (Karti) was instrumental in getting illegal FIPB approvals with the concurrence and knowledge of the father.'
The Delhi High Court on Wednesday granted interim protection from arrest to Union minister P Chidambaram till August 1 in connection with the INX Media case.
The apex court said yesterday that it would hear a plea by former Union minister P Chidambaram, seeking anticipatory bail in the Enforcement Directorate's (ED) money-laundering case related to INX Media.
Today, the ED opposed the anticipatory bail, saying that 'the son (Karti) was instrumental in getting illegal FIPB approvals with the concurrence and knowledge of the father.'
ED has also opposed his anticipatory bail plea in another case relating to the Foreign Investment Promotion Board (FIPB) approval in relation to the Aircel-Maxis case and "it cannot be ruled out that the ED may also summon him and/or illegally arrest him even without issuing summons".
The plea claimed that 72-year-old Chidambaram apprehends arrest because of the circumstances under which the ED has arrested chartered accountant S Bhaskararaman in the case and the CBI had arrested his son Karti Chidambaram.
A trial court here had yesterday granted protection from arrest till August 7 to Chidambaram in the Aircel-Maxis case in which he and his son Karti Chidambaram were named in the chargesheet filed by the CBI recently.
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The Central Bureau of Investigation (CBI) on July 19 filed a fresh charge-sheet in the Aircel-Maxis case in a Delhi Court against 18 accused, including Chidambaram, his son, Karti, and select government officials (serving and retired).
In its new charge-sheet, the CBI said that two sets of money trails were discovered regarding Foreign Investment Promotion Board (FIPB) clearance.
The Aircel-Maxis deal case, which emerged out of 2G spectrum cases, pertains to a FIPB clearance, granted to firm M/S Global Communication Holding Services Ltd for investment in Aircel.
The ED had earlier said that the FIPB approval granted in 2006 by Chidambaram was beyond his mandate as he was only authorised to accord approval on project proposals up to Rs 600 crore.