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Live updates: Chidambaram missing as CBI, ED tighten noose in INX Media case

A team of CBI officials reached former finance minister P Chidambaram's Delhi residence on Tuesday evening. 

By Zee Media Bureau | Last Updated: Wednesday, August 21, 2019 - 00:27

A team of CBI and ED officials reached P Chidambaram's Delhi residence on Tuesday evening but returned after failing to find the former finance minister. The senior Congress had moved the Supreme Court after the Delhi High Court rejected his anticipatory bail plea in the INX Media case. 

Chidambaram is likely to be arrested in the case.

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Chidambaram and his son Karti Chidambaram are being probed by Enforcement Directorate (ED) and the CBI in the INX Media case.

Stay tuned for latest developments with Zee News:

 

20 August 2019, 23:46 PM

The CBI has put up a notice outside the residence of P Chidambaram to appear before them in the next two hours. 

 

20 August 2019, 23:37 PM

CBI reaches Chidambaram's home again. The team took the back route to enter his home.

20 August 2019, 22:16 PM

Indrani Mukherjee, who has now become a government witness, has also named P Chidambaram in her statement.

 

20 August 2019, 22:15 PM

The ED has received information about Chidambaram's wealth abroad. However, the source via which investments were made, have not been ascertained yet. The ED suspects the money received as a kickback in the INX Media deal was used to purchase property abroad. 

However, ED has refused to divulge the details of this new evidence discovered. 

 

 

20 August 2019, 20:17 PM

Chidambaram is reportedly incommunicado and his mobile phone is switched off, sources tell Zee News. 

20 August 2019, 19:53 PM

The CBI had grilled the staff at Chidambaram's residence who informed that the former finance minister had not returned home. 

20 August 2019, 19:41 PM

Team of Enforcement Directorate officials reach Chidambaram's residence in Delhi's Jor Bagh on Tuesday evening. 

20 August 2019, 19:33 PM

"Preposterous to say prosecution of Chidambaram is baseless, politically motivated and act of vendetta," said the Delhi High Court during hearing on the Congress leader's bail plea. "It is a classic case of money laundering. The twin factors which have weighed to deny pre arrest bail to Petitioner are gravity of offense and evasive replies of the Petitioner to questions put to him while he was under protective cover. Gravity of offence committed in this case justify denial of pre arrest bail."

 

 

 

20 August 2019, 19:29 PM

The team of CBI officers has left from Chidambaram's residence. 

20 August 2019, 19:15 PM

On May 15, 2017, the CBI had registered an FIR in the case alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007, during Chidambaram`s tenure as the finance minister. Karti Chidambaram has also been probed by the CBI for allegedly taking money to facilitate the FIPB clearance to INX Media in 2007.

The ED had registered a PMLA (Prevention of Money Laundering Act) case based on FIR by the CBI and alleged that irregularities took place in the FIPB clearance to INX Media.

CBI had registered an Enforcement Case Information Report (ECIR), the ED's equivalent of a police FIR, against the accused named in a CBI complaint, including Karti Chidambaram, INX Media and its directors Peter and Indrani Mukerjea.

20 August 2019, 19:12 PM

P Chidambaram is not present at his residence, sources told Zee News. The Congress leader did not come back home after SC rejected the urgent hearing plea.

20 August 2019, 19:11 PM

A team of Central Bureau of Investigation (CBI) officers arrives at the residence of P Chidambaram. Earlier today, Delhi High Court had dismissed his both anticipatory bail pleas in connection with INX Media case.