Former Indin finance minister, P Chidambram has been arrested on 21st August in connection with a case regarding corruption and money laundering.
The case revolves around the irregularities in the foreign investment promotion board’s indication for venturing in the INX media for receiving the funds amounting to Rs 305 crore (approximately $42.8 million) in 2007. During this time, Chidambram was the finance minister of the country.
The Central Bureau of Investigation (CBI) had arrested Chidambram from his house in New Delhi after he made a sudden appearance at the All India Congress Committee headquarters in New Delhi. This happened 24 hours after he was not able to communicate with anyone after his anticipatory plea by the Delhi High Court was rejected.
Just after his appearance, the CBI and the Enforcement Directorate (ED) reached his house. In the subsequent drama, the officials also had to climb the walls of Chidambram’s house to get into his house.
During the day, Chidambram had forwarded a plea seeking anticipatory bail. But he was denied of any kind of protection from the arrest.
The legal officers of Chidambram said “The petitioner is a law-abiding citizen and has a reputation to sustain in society. He is a sitting member of the Rajya Sabha. The antecedents of the petitioner are impeccable. He has never been an accused of any offence. There is no possibility of his fleeing from justice.”
It is a money laundering case of monumental magnitude.” After this, the Indian National Congress leader’s plea was sent ahead to the Chief Justice of India, Ranjan Gogoi.
On August 20, CBI detectives arrived at Chidambram’s house in Jor Bagh and left the place with a notice. In the notice he was asked him to present himself before the agency’s workplace within 2 hours of receiving the notice.
Chidambram is a one of the important personalities of the Congress, with respect to the economic and political matters, within and outside the parliament.
What Really Happened?
It was in 2017 that the ED which scrutinizes the economic offences found some documents related to the INX media deal in the computer of Chidambram’s son.
The documents of the company indicated that the payments were made to Karti’s firm by INX Media, which is a Mumbai based media company. INX is now called 9X Media, and it was then aided by the FIPB approval.
ED had sent a reference in this respect to the CBI which then filed a case of corruption in May 2017. From then on, the authorities searched the premises which were connected to Karti and his father P Chdambram.
A case was also filed bythe CBi against Karti which alleged that the former had used the influence of his father to approve the grant of three Mauritius based firms for INX Media in the form of foreign investment.
CBI had claimed that Chidambram, Karti, INX Media and other unknown officials were held responsible for the irregularities in the deal.
After this, ED filed a case of money laundering against Karti.
Chidambram moved to Delhi High Court in May 2018 seeking anticipatory bail in the corruption case which was lodged by the CBI. In July it also approached the court for seeking protection in the case which was pursued by ED. The High Court granted him provisional protection against being arrested in both cases.
In January 2019, the court stuck on its judgement with respect to the anticipatory bails in the cases and also banished the pleas.
Karti on his father’s arrest said “This is a totally politically motivated witchhunt.”
During this entire scenario, the Congress assumed that the BJP government was indulging itself in the political feud against Chidambram. Leaders of the party, Rahul Gandhi and Priyanka Gandhi Vadra took to their Twitter handle to show their support for their party member.
It may also be remembered that Chidambram was thw Home Minister of India under the government which was led by Government which Amit Shah, the current home minister was arrested in a case of fake encounter in Gujarat in 2010.
During Amit Shah’s arrest, the CBI had alleged that Amit Shah had ordered the extra judicial killings of Sihrabuddin Sheikh and his wife, and also their friend who was the prime witness of the murder in 2005. But in 2014, the court had cleared all charges against Amit Shah because of lack of evidence.