INX Media and other cases Chidambaram faces
Former Union minister and senior Congress leader P. Chidambaram was on Wednesday formally arrested by the CBI after his anticipatory bail plea in the INX Media case was rejected by the Delhi High Court. Here’s a list of the cases he has been embroiled in:
INX Media Case
The case in which the former Finance Minister has been arrested involves alleged kickbacks received by his son Karti Chidambaram in exchange for allowing INX Media, a television company, to receive Rs 305 crore as foreign funds in 2007. Delhi High Court’s Justice Sunil Gaur said that his being a Member of Parliament doesn’t affect the case. He has been questioned many times in relation to this case. ED argued that the companies where money was transferred to were controlled by his son.