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Big relief to former Finance Minister P. Chidambaram, Verdict on bail plea
Big relief to former Finance Minister P. Chidambaram, Verdict on bail plea

The Supreme Court on Thursday reserved its verdict on the bail plea of senior Congress leader P Chidambaram in the INX Media Money Laundering case. Also, the Enforcement Directorate (ED) has been allowed to submit the status report of the investigation so far in a sealed envelope.

According to the media report, during the hearing, the ED protested in the Supreme Court on the bail plea of Chidambaram in the court today. The ED claimed that even from custody, Chidambaram continued his efforts to influence the witnesses. The bail plea of former Finance Minister and Congress leader P Chidambaram in INX Media case is being heard in the Supreme Court on Thursday.

According to the information received, Solicitor General Tushar Mehta on behalf of the emigration directorate told the bench headed by Justice R Banumathi that these economic offenses are serious in nature. This not only ruined the economy of the country but also the confidence of the people from the entire system. Justices AS Bopanna and Hrishikesh Roy are also on this bench. In his statement, Solicitor General Tushar Mehta said, 'It is not that P Chidambaram is innocent and he was kept in the dark. This case is not only about INX Media, it also includes other companies which applied for FIPB approval.

Apart from this, it further said that 16 companies were involved in the opening and shareholding pattern. There were 12 foreign accounts, 12 foreign assets were identified, such properties have been found in 16 countries which can be linked to P. Chidambaram.

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