The Supreme Court (SC,) on the 22nd of October, granted bail to P. Chidambaram, the former Finance Minister of India, in the INX media money laundering case.
Dismissing the orders of the Delhi High Court (HC,) the SC gave bail to Chidambaram and set him free from the case filed by the Central Bureau of Investigation (CBI.)
The decision of the SC to grant bail comes 2 months after Chidambaram was given judicial custody and was in Tihar Jail, Delhi.
A bench of three judges, led by Justice R. Banumathi, reviewed the petition and granted the bail. On the 30th of September, the Delhi High Court rejected P. Chidambaram’s anticipatory bail plea.
Although Chidambaram got bail in the CBI case, the case filed by the Enforcement Directorate (ED) is still going on.
The SC cleared they would not provide any bail in the money laundering case filed by the ED. The ED is authorised to keep Chidambaram in its custody for further interrogation.
In addition, the SC also restricted Chidambaram from leaving the Country without the permission of the trial court. The Top Court also told P. Chidambaram to participate in the investigation, as and when called by the CBI.
As of now, P. Chidambaram is in the custody of the ED officials on the grounds of laundering Rs. 305 crores while he was the Finance Minister of India.
Stay tuned for further updates.