Sunday, January 24, 2021
Home News Reports INX Media case: CBI likely to file chargesheet against P Chidambaram after clearance from...

INX Media case: CBI likely to file chargesheet against P Chidambaram after clearance from the Centre

Both Chidambaram and his son Karti Chidambaram are accused in the INX Media scam which involves charges of bribery and lobbying in granting foreign investments worth over Rs 300 crores to INX Media.

After receiving sanction from the Central government to prosecute former Union Finance Minister P. Chidambaram, the CBI is likely to file a charge sheet against the latter in the INX Media foreign investment clearance case.

A case was registered in the matter in ay, 2017 against alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX media for receiving overseas funds of Rs. 305 crores in 2007, when Chidambaram was Finance Minister.

Chidambaram was not listed as an accused in the FIR registered by the agency as the Prevention of Corruption Act mandates an investigating agency to get prior sanction from competent authority for prosecution of an accused public servant.

The Law Ministry is reported to have told the Ministry of Home Affairs (MHA) that there was “no legal infirmity” in the agency’s request seeking sanction for prosecution. This view has now been communicated to the CBI as well.

The INX media case has been a thorn at the side of the Chidambaram family. Recently, Chidambaram was interrogated by the Enforcement Directorate for his alleged involvement in the INX media money laundering case.

Both Chidambaram and his son Karti Chidambaram are accused in the INX Media scam which involves charges of bribery and lobbying in granting foreign investments worth over Rs 300 crores to INX Media. INX Media was later known as NewsX, it was owned by Peter and Indrani Mukherjee of the sensational Sheena Bora murder case. ED had initiated a probe on the basis of the Central Bureau of Investigation’s FIR. Chidambaram is accused of misusing his power as the finance minister to grant INX Media an FIPB clearance.

Karti was arrested by agencies last year in February for allegedly lobbying for the Mukerjees, in order to get FIPB clearance from Finance Ministry, which at the time was under his father. The ED had also attached properties and bank deposits of Karti Chidambaram worth around Rs.54 crores in connection with the case, in October last year.

Meanwhile, the CBI and other agencies are also probing a similar case involving Chidambaram and his son, the Aircel-Maxis scam. The CBI is probing alleged irregularities in grant of FIPB approval in Aircel-Maxis deal, while the ED is probing alleged money-laundering related to the deal.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

 

Related Articles

Trending now

Haryana Police confirms that the ‘masked man’ was forced by farmer union leaders to make false allegations against police

While the masked man had said he was tasked by inspector Pradeep to kill farmer leaders, there is no inspector by that name

‘Kisan parade’ in Delhi on Republic Day given green light, claim protesters, Police deny receiving any written submission regarding route: Details

Farmer leaders have claimed that they have received approval to conduct a tractor parade in Delhi on the occasion of Republic Day.

Watch: Taking offence at Jai Shree Ram slogans, Mamata Banerjee walks off stage even as PM Modi and Bengal Governor look on

Mamata Banerjee who was sharing the stage with PM Modi, lamented "being disrespected" because she heard Jai Shree Ram slogans

Noida, Ghaziabad, Prayagraj, Kanpur: Hoax bomb threats ahead of Republic Day keep Uttar Pradesh police on tenterhooks

Fear and panic has the state of Uttar Pradesh in its grips after at least six hoax bomb threats were reported from Noida, Ghaziabad, Allahabad and Kanpur

How Congress spread lies about a woman being beaten up by goons in ‘lawless UP’ while the police did nothing: Read what really happened

Recently, a video of a pleading lady requesting UP Police officers to save her from two assailants was doing the rounds on the internet.

Stripped, hung upside down, one other beaten with pipe and still in their custody: 5 big revelations by ‘Masked Man’ Yogesh about farmer leaders

On Saturday, however, masked man Yogesh has made revelations that would give everyone cause for immense concern.

Recently Popular

#BanSportsTak: Netizens angry after India Today owned sports channel claims Virat Kohli suffers from ‘disorder’

"It is a disorder for a captain to (be as aggressive as Virat Kohli). It might be acceptable for a player to have this aggression (but nor for a captain)," the journalist claimed.

Rajdeep Sardesai ‘baffled’ by India Today survey that shows Modi govt winning a sweeping majority if elections held today: Details

Taking to Twitter, Sardesai said that he was 'baffled' to see that despite the economic hardships resulted by the pandemic, Indians still love the Modi government.

How Brazil thanked India for sending Coronavirus vaccine doses: Pawan Putra Hanuman

President of Brazil, Jair Bolsonaro, has expressed his gratitude towards India and Prime Minister Modi for vaccine exports from our country.

Gujarat Forest Dept to take legal action against Christian Evangelist Paul Dhinakaran over unauthorised use of the department’s logo

Website of Paul Dhinakaran claims of collaborating with the Gujarat Forest Department, a claim junked by the latter

Left-wing fury at Vir Sanghvi shows just how much ‘liberals’ hate Hindus

Vir Sanghvi published a column about the ‘shameful persecution’ of Munawar Faruqui and the ‘bogus controversy’ around Tandav

‘I allow you housewives to have extra-marital affair with man of your choice’: Video of Mamata Banerjee’s ‘progressive’ speech goes viral

Mamata Banerjee says she is so "flexible" that she has given permission to housewives to have extra-marital affairs
- Advertisement -

 

Haryana Police confirms that the ‘masked man’ was forced by farmer union leaders to make false allegations against police

While the masked man had said he was tasked by inspector Pradeep to kill farmer leaders, there is no inspector by that name

‘Kisan parade’ in Delhi on Republic Day given green light, claim protesters, Police deny receiving any written submission regarding route: Details

Farmer leaders have claimed that they have received approval to conduct a tractor parade in Delhi on the occasion of Republic Day.

Netizens call out the hypocrisy of Star Wars on ‘bullying’ and ‘racism’ after it comes out in support of liberal actress but ignores bullying...

Despite the vitriolic and racist comments of Krystina Arielle, Star Wars somehow decided to cut her some slack.

The life and times of Vibhor Anand: A clown, fraud or simply deranged? The story of his descent into wild conspiracy theories

Vibhor Anand has spread bizarre conspiracy theories about the death of Sushant Singh Rajput and was arrested for it.

Legendary talk show host Larry King dies in Los Angeles weeks after being hospitalised for Covid-19

Larry King passed away on Saturday at age 87 at Cedars-Sinai Medical Center in Los Angeles, announced his company Ora Media

Watch: Taking offence at Jai Shree Ram slogans, Mamata Banerjee walks off stage even as PM Modi and Bengal Governor look on

Mamata Banerjee who was sharing the stage with PM Modi, lamented "being disrespected" because she heard Jai Shree Ram slogans

Noida, Ghaziabad, Prayagraj, Kanpur: Hoax bomb threats ahead of Republic Day keep Uttar Pradesh police on tenterhooks

Fear and panic has the state of Uttar Pradesh in its grips after at least six hoax bomb threats were reported from Noida, Ghaziabad, Allahabad and Kanpur

‘Journalist’ Uday Rana uses filthy language sitting next to a woman, then ‘complains’ about the woman not talking to him

'Journalist' Uday Rana whines that a lady on the fight with him did not acknowledge his "colourful" conversations

Even as ‘masked man’ Yogesh says he was tortured by farmers to lie about murder plot, Rakesh Tikait blames central govt

The Bharatiya Kisan Union (BKU) spokesperson Rakesh Tikait also alleged that a conspiracy has been hatched to kill four of them and create disturbances during their tractor rally.

AAP MLA Somnath Bharti sentenced to 2 years in jail for assaulting AIIMS staff, soon gets bail from High Court

A Delhi Court had found AAP MLA Somnath Bharti guilty of manhandling security personnel at the AIIMS and sentenced him thereof

Connect with us

245,563FansLike
496,912FollowersFollow
22,900SubscribersSubscribe