ED arrests P Chidambaram in INX Media money laundering case

Image
Press Trust of India New Delhi
Last Updated : Oct 16 2019 | 11:50 AM IST

The Enforcement Directorate on Wednesday arrested former finance minister P Chidambaram at the Tihar jail in connection with its probe in the INX Media money laundering case, officials said.

They said the ED investigating team followed procedure after a local court here on Tuesday allowed it to interrogate the senior Congress leader and arrest him, if necessary, in this case.

Investigators of the central agency, who arrived at the jail around 8:15 am, were present in the premises for about two hours.

They briefly grilled Chidambaram and arrested him under the Prevention of Money Laundering Act (PMLA).

The central agency will now move court to seek his fresh custody, they said.

Chidambaram, 74, was arrested by the CBI on August 21 and is lodged in Tihar jail under judicial custody in the corruption case.

The ED has filed a criminal case under the PMLA to probe alleged irregularities in the grant of FIPB approval to INX Media group.

Chidambaram's son Karti and wife Nalini were also seen at the jail premises in the morning.

Karti is also an accused in the case and has been arrested by the CBI in the past.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 16 2019 | 11:50 AM IST

Next Story