synopsis

Chidambaram, who is currently in judicial custody in Tihar jail, had filed a Special Leave Petition (SLP) in the apex court days after the high court dismissed his bail plea contending that he might influence the witnesses in the case
 

New Delhi: The Supreme Court is set to pronounce order on senior Congress leader P Chidambaram's plea against the order of the Delhi High Court that dismissed his bail plea in the INX Media case.

Chidambaram, who is currently in judicial custody in Tihar jail, had filed a Special Leave Petition (SLP) in the apex court days after the High Court dismissed his bail plea contending that he might influence the witnesses in the case. The case pertains to an FIR registered by the CBI for alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance given to INX Media to the tune of Rs 305 crore in 2007 by Chidambaram when he was the Finance Minister. ED is investigating the alleged offense of money laundering that arose out of the FIR.

While the CBI arrested him in August, he was booked by the ED last week. He is currently lodged in Tihar jail till October 24.

The probe agency has claimed in the final report that Chidambaram "misused his official position", in conspiracy with his son Karti and others, in granting approval to a FDI proposal of INX Media and INX News Pvt Ltd in lieu of "illegal gratification" in India and through offshore payments.

Before taking cognisance, Special Judge Ajay Kumar Kuhar put various queries to the CBI including who were cheated.

"The government was cheated," advocate Padmini Singh, appearing for the probe agency, said, adding that the requisite sanctions were received to prosecute the accused persons.

The court has summoned Karti and 12 other co-accused on November 29 in the case.

Besides Karti and Peter Mukerjea, who are currently on bail, and chartered accountant S Bhaskaraman, who is currently on anticipatory bail in the case, the court also summoned others, including various former and current public servants.

Those summoned include Sindhushree Khullar, the then additional secretary, department of economic affairs (DEA); Ajeet Kumar Dungdung, the then section officer of FIPB unit (MoF); Rabindra Prasad, the then under secretary of FIPB unit; Pradeep Kumar Bagga, the then OSD, DEA; Prabodh Saxena, Director of FIPB Unit and Anup K Pujari, the then Joint Secretary (Foreign Trade) in the DEA.

The court also summoned INX Media Pvt Ltd, presently 9X Media Pvt Ltd; INX News Pvt Ltd, presently Direct News; Chess Management Services Pvt Ltd and Advantage Strategic Consulting Pvt Ltd (ASCPL) through their representatives.