INX Media money laundering case: P Chidambaram denies in the higher court the use of the finance minister's office for personal gain

NEW DELHI: leader of Congress P, arrested in INX media money laundering In the case, on Monday he denied in Delhi's superior court the claim that he used the finance minister's office to obtain personal gain and washed the proceeds of crime. He said that so far he has not been presented with any material that links him directly or indirectly with the alleged crime or that has been submitted to the court.

Chidambaram said that the purpose of ED's opposition to grant bail is not to advance the cause of justice but to damage his health, which has already suffered serious damage after 75 days of custody since August 21.

The 74-year-old leader made the submissions in a rejoinder filed to the response of the ED on his bail plea in the money laundering case.

The matter was presented to the hearing on Monday before Judge Suresh Kait, who arranged it for the hearing on Wednesday because the lawyers refrained from working in view of the confrontation between the defenders and the police in the judicial complex on November 2. .

The ED, in its written response presented through defenders Amit Mahajan and Rajat Nair, has opposed the declaration of bail, saying that the seriousness of the crimes allegedly committed by Chidambaram does not entitle him to reparation.

The investigation agency said that the congressional leader's claim that no crime has been committed against him is unsustainable by law and that his statement can be rejected.

In his reply, Chidambaram denied the ED's assertion that this is a case of economic crime that in itself constitutes a separate class and is considered the most serious crime that cuts the root of the purity and probity of the public administration.

It is flatly denied that Chidambaram has used the country's finance minister's office for personal gain, personally, as well as in collusion with his accomplices and has washed away criminal procedures to hide contaminated money, he said.

Chidambaram's rejoinder, filed through advocate Arshdeep Singh, said no material directly or indirectly linking him with the alleged offence of money laundering has either been put to him so far or been placed on record before the high court.

Chidambaram, who was granted bail by the Supreme Court on October 22 in the INX media corruption case, is lodged in Tihar Jail under judicial custody in the ED's money laundering case.

On November 1, the superior court, while having the provisional declaration of bail of Chidambaram, who suffered from Crohn's disease, had ordered the superintendent of the Tihar prison to provide a clean and hygienic environment and also mineral water , homemade food and nets for protection against mosquitoes and repellents.

The DE, in its response to the declaration of bail, said that the seriousness of the crimes allegedly committed by Chidambaram for which he was being investigated, the brazenness and impunity with which the country's senior office was misused by him to Personal benefit does not entitle you. of seeking any relief from the court.

The agency said the investigation has resulted in gathering of substantial material by it showing a clear case of money laundering with the involvement of Chidambaram, his son Karti and others.

He said that Chidambaram cannot claim that only his son Karti can be accused, at best, of having committed the crime.

It has been found that the proceeds of the crime were generated due to the petitioner's act (Chidambaram) by granting permits illegally for the gratification compiled by Karti Chidambaram at the request of the petitioner, the ED said and requested the dismissal of the declaration of bail. It lacked merit.

Chidambaram had earlier sought anticipatory bail in the money laundering case from the high court which dismissed the plea. The decision was challenged in the Supreme Court which also refused to grant him the relief.

The ED arrested him in the money laundering case on October 16.

He was arrested by the IWC on August 21 in the case of corruption of INX Media.

The CBI registered the case on May 15, 2017 alleging irregularities in an authorization of the board of foreign investment promotion (FIPB) granted to the INX Media group for receiving funds abroad of Rs 305 million rupees in 2007, during the mandate of Chidambaram as finance minister.

On October 18, the IWC presented its charge sheet appointing Chidambaram and several others as defendants in the INX Media corruption case.

The court of first instance became aware of the charge sheet on October 21 and, subsequently, on October 22, the court of first instance granted him a regular bond in the matter.

Chidambaram has argued in his statement of bail that both the case of CBI and ED arise from it and, therefore, there can be no separate return for both.

The statement alleged that, since all the evidence in the case is documentary and is in the custody of the investigation agencies, it cannot manipulate it.

On October 16, the DE interrogated Chidambaram in Tihar prison and then formally arrested him for the deceptive reason of being evasive during the interrogation, according to the statement.

The statement has also argued that Chidambaram's state of health is fragile since he is 74 years old and suffers from several ailments, including coronary artery disease.

He referred to the order of the Supreme Court on October 22 to grant bail to Chidambaram in the case of CBI and said he had stated that there was no evidence of tampering, risk of leakage and influencing witnesses against Chidambaram in a corruption case .