 "HC extends interim protection to Chidambaram till Jan 15 in INX Media case")
The Delhi High Court on Thursday extended former Finance Minister P. Chidambaram's interim protection from arrest in the INX Media money laundering case till January 15.
The court was hearing Chidambaram's anticipatory bail petition, seeking protection from arrest by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) in the case.
On July 25, the court had granted him interim protection, which was later extended to November 29.
The ED and the CBI are probing how Chidambaram's son Karti managed to get clearance from the Foreign Investment Promotion Board (FIPB).
Karti was arrested on February 28 by the CBI for allegedly taking money to facilitate the FIPB clearance to INX Media in 2007 when his father was the Union Finance Minister in the United Progressive Alliance (UPA) government.
Later, Karti was granted bail.
Karti's chartered accountant S. Bhaskararaman was arrested in the case by the ED and he too was later granted bail.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app