Minutes after senior Congress leader and former Finance minister P Chidambaram got bail in the INX Media money laundering case, his son Karti Chidambaram expressed happiness on twitter. In a tweet, he said, “Phew. At last after 106 days”.
It is to be noted that a three-judge bench of the Supreme Court comprising Justices R Banumathi, AS Bopanna, and Hrishikesh Roy on Wednesday granted bail to senior Congress leader and former Finance minister P Chidambaram in the INX Media money laundering case registered by the Enforcement Directorate (ED).
Take a look at Karti Chidambaram’s tweet:
Phew. At last after 106 days :)— Karti P Chidambaram (@KartiPC) December 4, 2019
Speaking to Republic TV earlier in the day, Karti Chidambaram said, "Have a good day, it is a positive day”.
Coming to P Chidambaram’s bail, the former union minister will walk out of Tihar Jail after being under arrest for more than 100 days. However, the top court directed Chidambaram to furnish a bail bond of Rs 2 lakh along with two sureties of the same amount. Supreme Court further told Chidambaram that he won’t be able to travel abroad without the top court's permission.
Chidambaram was first arrested by the CBI on August 21 in the INX Media corruption case and was granted bail by the top court on October 22. The ED had arrested him on October 16 in the money laundering case. The CBI registered its case on May 15, 2017, alleging irregularities in a FIPB clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007, during Chidambaram's tenure as finance minister. Thereafter, the ED had lodged a money-laundering case.