SC adjourns Chidambaram's bail plea in INX Media case till tomorrow

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NEW DELHI: The Supreme Court on Tuesday adjourned for November 27 the hearing of an appeal filed by former finance minister P Chidambaram challenging Delhi High Court order denying him bail in INX Media money laundering case.

As Solicitor General (SG) Tushar Mehta, representing the ED, was busy in arguments of another case, the bench headed by Justice R Banumathi posted the matter for tomorrow.
However, senior advocate Kapil Sibal, appearing for Chidambaram, has requested the court to not allow any further adjournment asserting that Chidambaram has been in jail for more than 90 days.
On November 15, the High Court had dismissed his bail plea and stated that prima facie allegations against him are "serious in nature" and he played an "active and key role" in the offence.
On November 20, a three-judge bench headed by Justice R Banumathi had issued a notice and sought a response from the Enforcement Directorate (ED) on a plea filed by senior Congress leader P Chidambaram seeking bail in the INX Media money-laundering case.
Chidambaram sought bail in a case pertaining to the Foreign Investment Promotion Board (FIPB) clearance given to INX Media to the tune of Rs 305 crore in 2007 by Chidambaram when he was the Finance Minister.
Solicitor General Tushar Mehta, appearing for ED, told the bench he would file a response by November 25.
Subsequently, the bench of Justices R Banumathi, A S Bopanna and Hrishikesh Roy posted the matter for hearing on November 26.
CBI had registered a corruption case in this regard in May 2017. Later, the ED also lodged a money laundering case.
Chidambaram was first arrested by the CBI in a corruption case on August 21. However, he was granted bail by the Supreme Court in that case on October 22, but he could not be released from the jail since ED arrested him on October 16 in money laundering case related to the same matter.
 74-year-old Chidambaram is presently in judicial custody in Tihar jail till November 27.

 

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