Belying the belief that former promoter of INX Media Indrani Mukherjea’s statement was the basis of Chidambaram’s prosecution in the case, the CBI said the person has stated that he was being “influenced” and “intimidated” by the senior Congress leader when not under arrest.
The approval comes days after former PM Manmohan Singh questioned why the Congress leader had been arrested when he had approved a “unanimous” recommendation by a dozen officials, including six secretaries .
Chidambaram is facing probe in cases registered by the CBI and the ED pertaining to alleged irregularities in the Foreign Investment Promotion Board clearance given to INX Media to the tune of Rs 305 crore in 2007 when he was the Union Finance Minister.
The case is linked to alleged irregularities in Foreign Investment Promotion Board (FIPB) clearance given to the INX Media group for foreign investment to the tune of Rs 305 crore in 2007 when Chidambaram was the finance minister.
The CBI had registered an FIR on May 15, 2017, alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram’s tenure as the finance minister.