Chidambaram was arrested earlier on August 21 after Delhi High Court rejected his application seeking anticipatory bail.
A CBI special court on Monday extended former finance minister P Chidambaram’s custody till Monday (September 2) in connection with INX media case. He was arrested earlier on August 21 from his Jor Bagh residence after Delhi High Court rejected his application seeking anticipatory bail.
Chidambaram was produced before special judge Ajay Kumar Kuhar before on expiry of four-day custodial interrogation granted on August 26. He has already been subjected to custodial interrogation by the CBI for eight days. The judge while pronouncing the order said: “Investigation being the prerogative of the investigating officer and given the fact that the record is voluminous and accused needs to be confronted. Thus, more time is required. In view of the submissions made, the accused is sent to police custody remand till September 2.”
The investigating agency today sought extensions of five more days to confront Chidambaram with some more documents. The judge, however, asked the agency why it needed more time. To this, Additional Solicitor General (ASG) KM Nataraj representing the CBI said that the former finance minister had been partially interrogated and he was required to be confronted with further documents. He also said that there were voluminous documents.
The judge wasn’t impressed with this and said: “You (CBI) were aware of the volume of documents, why did you ask for only five days custody for the first time, Second time also you asked for five days only. Why this approach.”
In 2017, the CBI registered a case alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX media for receiving overseas funds of Rs 305 crore during Chidambaram’s tenure as finance minister. A year later, the Enforcement Directorate filed a money laundering case. The CBI had been seeking Chidambaram’s ‘custodial interrogation’ in the case related to alleged irregularities in the grant of foreign investment clearances to INX Media when he was the finance minister.