INX Media case: Chidambaram moves Supreme Court seeking bail

he high court had on Monday rejected his bail petition, saying the investigation was at an advanced stage and his influencing the witnesses cannot be ruled out.It had dismissed the bail petition with hard-hitting remarks that it cannot be disputed that if the case is proved against Chidambaram, the offence is on society, economy, financial stability and integrity of the country.Chidambaram is not a "flight risk" and there is no chance of tampering with evidence but he can influence the witnesses if granted bail, the court had had said.Chidambaram, 74, is in custody since his arrest by the CBI on August 21.The court had said it cannot be disputed that Chidambaram has been a strong finance minister and home minister and is a Rajya Sabha MP at present.Chidambaram, who was a finance minister as well as home minister in the UPA government from 2004-14, was arrested from his Jor Bagh residence in New Delhi and is in Tihar Jail under judicial custody till October 3.The high court said the trial court's order remanding Chidambaram to judicial custody was "justified."The CBI had registered an FIR on May 15, 2017, alleging irregularities in the 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 lodged a money laundering case in this regard in 2017. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttps://thefastdiet.co.uk/forums/users/kaanewilloms/