SC grants bail to P Chidambaram in INX case
December 04, 2019  10:46
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Just in: Supreme Court grants bail to former Finance Minister and Congress leader P Chidambaram in INX Media money laundering case, registered by the Enforcement Directorate (ED). He has been granted bail on a bail bond of Rs 2 lakh and two sureties. He has also been forbidden to hold any press conference or make any statement on the case. He also cannot travel without court permission. 


Chidambaram has spent 105 days in jail in the case. 


A bench of justices R Banumathi, AS Bopanna and Hrishikesh Roy pronouncing the verdict said the prosecution has to prove that Chidambaram can tamper with evidence, which was the basis for his continued detention in jail. 


On November 28, the top court had reserved the order on the petition filed by former finance minister Chidambaram, who was lodged in Tihar Jail.


A bench headed by Justice R Banumathi had reserved the order after hearing lawyers appearing for Chidambaram and the ED."We have heard the submission of counsels, judgment reserved," the bench had said.The apex court directed the registry to accept three sets of sealed covers from the ED and keep them in safe custody for the perusal of the court.
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