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INX Media case: SC to hear Chidambaram’s plea as CBI custody ends today

The CBI custody of former union finance minister P Chidambaram is set to end on Monday and would be produced before the Supreme Court. The apex court will hear his plea challenging the trial court’s order to remand him to CBI’s custody.

While the CBI succeeded in securing three more days of custodial interrogation of P Chidambaram, a Delhi court on Friday took strong objection to its seeking police custody in part manner and even said the ground for it was “vague”.

As per the law, the maximum period of police custody in corruption cases like the one in which Chidambaram is booked is 15 days.

Chidambaram told court that the probe agency didn’t produce any documents related to the money trail.

The former Union finance minister was first produced before the court on August 22 and the CBI had sought his five day custody. The court had granted four day custodial interrogation.

In 2017, the probe agency registered a case alleging financial irregularities, to the tune of Rs 305 crore, in the Foreign Investment Promotion Board (FIPB) clearance given to INX Media in 2007 when Chidambaram was Union Finance Minister.

Following the FIR filed by the CBI, the Enforcement Directorate had filed a case of money laundering against him.

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