INX Media Case : SC Grants Bail to Chidambaram
New Delhi: In a major relief to the former Union Finance Minister P Chidambaram was granted bail by the Supreme Court on Wednesday in the INX Media money laundering case lodged by the Enforcement Directorate (ED). He is expected to come out of prison today.
Chidambaram has been told by the court not to travel abroad or attempt to get back his passport, which is currently with the authorities. He has been asked to appear before the agencies when requested, and also furnish a bond worth Rs 2 lakh.
According to reports, Chidambaram reiterated in court that others named in the case have either not been arrested or had received bail.
In October, the Supreme Court had granted bail to Chidambaram in connection with the INX Media case registered by the Central Bureau of Investigation (CBI). However, the Congress leader continued to be in the custody of the Enforcement Directorate (ED), which too had filed a money-laundering case pertaining to the case.
The 74-year-old leader was arrested on August 21 by the CBI from his Jor Bagh residence in Delhi. Following 15 days of CBI custody, he was sent to Tihar Jail on September 5. In October, he was sent to the ED’s custody in the INX Media case.