Will P Chidambaram Get Bail? Supreme Court to Hear Former FM's Appeal Against Arrest in INX Media Case Today
P Chidambaram (Photo Credits: IANS)

New Delhi, August 26: The Supreme Court on Monday will hear two appeals of former Union Finance Minister P Chidambaram in connection with his arrest by the Central Bureau of Investigation and cancellation of his anticipatory bail in two cases connected to INX media. P Chidambaram has been in CBI custody since August 22. The Enforcement Directorate (ED), which is probing Chidambaram for alleged money laundering, will oppose his bail.

A bench of Justices R Banumathi and AS Bopanna will hear Chidambaram's appeals today in which he has challenged the arrest warrant issued against him and the trial court's order sending him to CBI custody in the INX Media case. On August 24, the apex court granted interim protection from arrest by the ED to Chidambaram in the INX Media money laundering case. P Chidambaram Arrested by CBI in INX Media Scam Case: Here's All That Happened Before the Dramatic Arrest.

The ED and the CBI are probing how Chidambaram's son Karti Chidambaram managed to get Foreign Investment Promotion Board (FIPB) clearance for INX Media in 2007 when his father was the Finance Minister. The Delhi High Court had, on August 20, dismissed the former Finance Minister's anticipatory bail pleas in both the CBI and the ED cases pertaining to the INX Media money laundering matter. Chidambaram Taken to Same CBI Headquarters That He Had Inaugurated in 2011, Watch Video.

While Chidambaram's legal team moved the Supreme Court challenging the high court's order, the senior Congress leader went missing. When the Supreme Court refused urgent hearing of Chidambaram's appeals, he appeared at the Congress headquarters the next day and denied all allegations. Moments later, the CBI arrested him from his residence in the national capital.

On August 22, Chidambaram was produced before a special court which sent him in CBI custody which ends today. It is alleged that his son Karti exerted influence on public servants of the FIPB in the Finance Ministry to prevent punitive action against INX Group.