On Monday, 26th August, the Supreme Court dismissed P Chidambaram’s petition.
Former Finance Minister Chidambaram challenged the Delhi High Court’s decision in the Supreme Court to reject the interim bail plea.
Hearing this on Monday, the apex court said that since they arrested Chidambaram after the matter came to the Supreme Court.
The old petition has no meaning anymore. Chidambaram should file a fresh regular bail petition.
Earlier, Sibal mentioned the bail plea in front of Justice Bhanumathi’s bench. He said that they have not listed his client’s petition. On this, the Supreme Court asked the registrar to take necessary steps and list the petition.
The Enforcement Directorate (ED) said in an affidavit filed in the Supreme Court that Chidambaram and co-conspirators in Argentina, Austria, the British Virgin Islands, France, Greece, Malaysia, Monaco, the Philippines, Singapore, South Africa, Spain, and Sri Lanka raised valuable assets.
They said that they obtained specific information from the Financial Intelligence Unit.
Chidambaram on CBI remand till 26 August
The special court sent Chidambaram on CBI remand till August 26, while delivering the verdict on August 22nd.
Justice Ajay Kumar Kuhar had said that the allegations against Chidambaram are serious, there in-depth investigation is necessary. In INX case, ED has filed money laundering and CBI corruption case. The Supreme Court, while hearing on 23th August, had asked not to arrest Chidambaram till August 26 in the ED (Enforcement Directorate) case.
Sibal had said- Chidambaram’s fundamental right to get justice.
Chidambaram’s lawyer Kapil Sibal said on Friday, “Justice is the fundamental right of Chidambaram. We moved the Supreme Court against the decision of the Delhi High Court. But the manner in which the case is being dealt with is restless. After the cross-examination in the High Court, Solicitor General Tushar Mehta gave notice to Justice Gaur. They did not give us a chance to answer,”
To this, Mehta said, “Do not misrepresent. I did not give any notice after the debate was over”
Sibal said, ” Can I swear on it?”
According to Sibal, “the verdict of the High Court is literally here. They place the comma at the place of a comma. And they place a full stop at the place of a full stop. Everything is in the copy, so this became the basis for Chidambaram not to bail.”
HE APPROVED FOREIGN FINANCE WHILE BEING FINANCE MINISTER
They allege it that Chidambaram, while finance minister, took a bribe to INX for Rs 305 crore in 2007. They obtained approval from the Foreign Investment Promotion Board for taking. Chidambaram’s MP son Karti ran the companies that benefited. The CBI registered the case on 15 May 2017. In 2018, the ED also filed a case of money laundering. Chidambaram is also an accused in the Aircel-Maxis deal. In this, the CBI had registered an FIR in 2017.