INX Media case: P. Chidambaram, son Karti exempted from court appearance

A Delhi Court on Wednesday, April 7,2021, granted exemption from private appearance to former union minister P. Chidambaram and his son Karti for the day in the INX Media scam associated cash laundering case.

Also learn: INX Media case: It’s a classic case of money laundering, says Delhi High Court

Special Judge M. K.Nagpal granted reduction to the Chidambarams after an utility on this regard was moved by their lawyer, saying the accused had been busy in assembly election marketing campaign in Tamil Nadu.

Also learn: Chidambaram’s direction to INX Media to help Karti important step in money laundering: ED

The senior Congress leader was arrested by the Central Bureau of Investigation (CBI) within the INX Media corruption case on August 21, 2019. On October 16, 2019, the ED arrested him in a associated money-laundering case.

The accused had been summoned by the court on March 24 after taking congnisance of a supplementary cost sheet filed by the Enforcement Directorate.

The court will additional hear the matter on April 16.

Both are star campaigners, their lawyer Arshdeep Singh mentioned. The court additionally issued discover to the ED on a bail utility moved by co-accused Peter Mukharjea within the case.

On October 22, the apex court granted bail to Mr. Chidambaram within the case lodged by the CBI.

In the ED case, he got bail on December 4, 2019.

The CBI had registered its case on May 15, 2017, alleging irregularities in a Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving abroad funds of Rs 305 crore in 2007, throughout Chidambaram’s tenure as finance minister.

Subsequently, the ED had lodged the money-laundering case.

Karti was arrested by the CBI in February 2018 and he was granted bail in March 2018 within the INX Media corruption case. He was granted interim bail from the Delhi High Ccourt within the cash laundering case.