The Law Ministry today gave its nod to the Central Bureau of Investigation (CBI) to prosecute former Union Finance Minister and senior Congress leader P Chidambaram in the INX media case. His son Karti Chidambaram has already been charged in the case and the Enforcement Directorate (ED) has also attached his assets worth an estimated Rs 54 crore, located in India and abroad.
The CBI and the ED had on January 25 told the Delhi High Court that they need to take Chidambaram into custody for interrogation. The veteran Congress leader’s role had come under the scanner of various investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
It was during his tenure as finance minister that clearances from the Foreign Investment Promotion Board (FIPB) were given to the two ventures. The CBI filed a FIR in the INX case on May 15, 2017, alleging irregularities in the FIPB clearance granted to the media group for receiving overseas funds when P Chidambaram was finance minister.