Senior Congress leader and former Finance Minister P Chidambaram was produced in a Delhi Court this afternoon in connection with INX media corruption case. He was produced before Special Judge Ajay Kumar Kuhar.
CBI has sought 5-day custody of Chidambaram for interrogation in the case pertaining to alleged irregularities in the grant of foreign investment clearances to INX Media when he was finance minister.
Solicitor General Tushar Mehta, representing CBI, said, Chidambaram was in conspiracy with others in the INX Media scam.
Mr Mehta said, the former minister is not cooperating in the investigation and he has been evasive in replies. The Solicitor General said, it is a serious and monumental case of money laundering.
He also said Chidambaram's custodial interrogation was necessary to unearth the larger conspiracy and he is required to be confronted with documents.
Chidambaram's advocates opposed the CBI plea on the ground that all the other accused, including his son Karti, have already been granted bail in the case. Senior advocate Kapil Sibal, appearing for Chidambaram contended that Chidambaram was asked 12 questions and he had already answered six of them previously.
The former Finance Minister was arrested by CBI last night from his Jor Bagh residence in New Delhi. He was arrested after issuance of non bailable warrant against him.
The CBI was looking for 73-year old Chidambaram since Tuesday after his anticipatory bail application was rejected by the Delhi High Court. The Congress leader moved Supreme Court seeking protection from arrest in the INX media cases.
However, he failed to get any immediate relief from the apex court which said it will hear his plea on Friday.
The CBI had registered an FIR on May 2017, alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX media group for receiving overseas funds of 305 crore rupees in 2007 during Chidambaram's tenure as finance minister.
Thereafter, the ED lodged a money laundering case in this regard in 2018. (AIR NEWS)