Chidambaram faces arrest after Delhi HC denies him anticipatory bail

Chidambaram was the finance minister in the United Progressive Alliance government's first term when INX Media's FIPB proposal was cleared

The Delhi High Court (HC) on Tuesday denied anticipatory bail and protection from immediate arrest to former finance minister P Chidambaram in a case related to alleged discrepancies in granting Foreign Investment Promotion Board (FIPB) clearances to the INX Media group.

Late in the evening, officials of the Central Bureau of Investigation (CBI) raided Chidambaram’s residence in Jor Bagh here, but the Congress leader was not present. Enforcement Directorate (ED) officials, too, came searching for him.

After the high court denied  relief to Chidambaram, he met Congress leaders and senior advocates Kapil Sibal, Abhishek Manu Singhvi and Salman Khurshid in