Delhi High Court stays trial in INX Media case
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The Delhi High Court on Tuesday stayed trial courtroom proceedings in the CBI’s INX Media corruption case involving Congress chief P. Chidambaram and his son Karti Chidambaram.
Justice Suresh Kumar Kait additionally sought response from Mr. Chidambaram and different accused in the case on the investigating company’s plea difficult a March 5 order of the trial courtroom directing provide of sure paperwork to the accused.
The case pertains to a First Information Report (FIR) registered by the CBI on May 15, 2017, towards alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance supplied to INX Media for receiving abroad funds to the tune of ₹305 crore in 2007, when Mr. Chidambaram was the Finance Minister.
The Enforcement Directorate can be investigating the alleged offence of cash laundering arising out of the FIR.
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