Senior Advocate P Chidambaram
Senior Advocate P Chidambaram
Litigation News

INX Media: Enforcement Directorate files e-chargesheet against P Chidambaram in money laundering case

Aditi Singh

The Enforcement Directorate (ED) has filed a chargesheet against Senior Advocate and former Union Minister P Chidambaram in the INX Media money laundering case, PTI has reported.

Amid COVID-19 pandemic, an e-Chargesheet for commission of offences under the Prevention of Money Laundering Act was filed by the investigating agency before Judge Ajay Kumar Kuhar, Special CBI Court, Rouse Avenue on Monday.

As per reports, the e-charegsheet is protected by a password. The Court has asked ED to file a hardcopy of the chargesheet once courts in the city return to normal functioning.

Apart from P Chidambaram, the chargesheet also names Karti Chidambaram, chartered accountant S S Bhaskararaman and others.

The INX Media case pertains to the alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media at the time when P Chidambaram was the Finance Minister. It is the case of the CBI and the Enforcement Directorate (ED) that P Chidambaram and his son Karti had received illegal gratification from INX Media owners Peter and Indrani Mukherjea for the clearance.

P Chidambaram was arrested by the Central Bureau of Investigation (CBI) from his residence in relation to case on August 21, 2019, a day after his plea for anticipatory bail was rejected by the Delhi High Court.

The High Court had opined that prima facie, the allegations were serious in nature and that P Chidambaram had played a “key and active role”.

After nearly two months, Chidambaram was granted bail by the Supreme Court in the CBI case. He was finally released from Tihar Jail after the Supreme court granted him bail in the ED case on December 4, 2019.

Karti was granted bail in the case by Delhi High Court in March 2018.

CBI Court had taken cognizance of the CBI's chargesheet against P Chidambaram, son Karti Chidambaram and others in INX Media case, on October 21, 2019.

In the CBI case, the accused persons are facing proceedings for the commission of offences under sections 120-B, 420, 468, 471 IPC and Sections 9, 13 of the Prevention of Corruption Act.

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