fter the Supreme Court dealth a blow to Congress leader and former Union minister P Chidambaram on Monday, the Central Bureau of Investigation is all set to take further custody of P Chidambaram in connection with its probe into the INX Media case.
Sources have told India Today TV that Chidambaram will be produced before the Rouse Avenue court after 3 pm on Monday to seek extension of his custody.
CBi claims that the Financial Intelligence Unit (FIU) has provided a list of foreign bank accounts implicating the Chidambarams in UK, Switzerland and Singapore allegedly opened through shell companies in Bermuda, Mauritius and Singapore. CBI has sent Letter Rogatory (LRs) to five countries for further details on bank accounts and foreign assets.
This comes after the Supreme Court dismissed Chidambaram’s plea against the Delhi High Court order that rejected his anticipatory bail plea. Chidambaram is currently in CBI custody.
Chidambaram’s statement has been recorded by the CBI. During the custody, Chidambaram was handed over a sheet of FIPB approvals. The list of clearances given by him were compiled and given to him asking him to explain the procedures followed, any dissent received in any of the cases, whether he overruled the FIPB recommendation in any of the cases.
Questioning revolved around the FIPB clearances given by him between 2004-08 and 2012-14.
Subba Rao, who was the chairman of the FIPB board, which gave clearance to INX Media, has recorded his statement, in which he has said, “The non-compliance of procedure by INX Media was not brought to the notice of the board hence they were not aware of it… the two pages note prepared by the FIPB secretariat annexed with the application of INX media also did not have any violation or non-compliance details. Everything was clear in papers and hence the board recommended for approval to the then Finance Minister.”
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