A timeline tracking the developments in the INX Media case that led up to the Delhi HC denying former finance minister P Chidambaram's anticipatory bail and making him stare at an impending arrest
Business
Standard : Former
finance minister and Congress leader P
Chidambaram is facing an arrest in the so-called INX Media case.
Chidambaram’s son, Karti, allegedly used his father’s influence
as a Union minister in the Congress-led United Progressive Alliance
government in 2017 to influence approval for a Rs 305-crore foreign
investment in INX Media.
The
Central Bureau of Investigation has accused Chidambaram, Karti, INX
Media, and unknown officials of the finance ministry in the case. INX
Media was once owned by Indrani and Peter Mukerjea, the couple now in
jail in an unrelated murder case.
May
15, 2017: CBI files FIR alleging irregularities in Foreign Investment
Promotion Board (FIPB) clearance to INX
Media for receiving overseas funds to the tune of Rs 3.05 billion
in 2007 when Karti's father was the Union Finance minister
June
16, 2017: The Foreigner Regional Registration Officer (FRRO) and the
Bureau of Immigration, under the Union Home Ministry, issues look out
circular (LOC) against Karti
August
14, 2017: Supreme Court (SC) stays Madras HC order staying Centre's
LOC issued against Karti
September
22, 2017: CBI tells SC that Karti was prevented from travelling
abroad as he was allegedly closing several of his foreign bank
accounts.
February
16, 2018: Karti's CA S Bhaskararaman arrested for allegedly assisting
him to manage his "ill-gotten wealth" in India and abroad
February
28, 2018: Karti arrested by the CBI at the Chennai airport and
brought to Delhi. Delhi court sends him to one-day police custody.
March
5, 2018: Karti challenges in the SC the summons issued to him by the
Enforcement Directorate (ED) in the money laundering case
March
6, 2018: Special court remands him to three-day CBI custody. His plea
for bail in CBI case adjourned to March 9.
March
15, 2018: SC gives interim protection to Karti from arrest by the ED
in connection with the case until March 26.
March
23, 2018: Delhi HC grants bail to Karti in the INX Media corruption
case.
October
12, 2018: ED attaches Karti Chidambaram's properties worth Rs 540
million
No comments:
Post a Comment