Alexa India’s ex-finance minister on 5-day remand

Dhaka, Sunday   22 September 2019


India’s ex-finance minister on 5-day remand

 International Desk

 Published: 09:41 AM, 23 August 2019  



The federal investigative court granted five-day remand to India’s veteran Congress leader and former finance minister Palaniappan Chidambaram over INX media corruption case.

On Thursday, a special court of the Central Bureau of Investigation (CBI) granted the remand. He was arrested on Wednesday.

On that day, the former finance minister was interrogated by officers from the CBI, the Indian media NDTV reported. 

The CBI then sought a 5-day remand of Chidambaram to the court. Later, the court ordered the CBI to keep him in custody till August 26. 

During this, Chidambaram’s wife Nalini and son Karti were present in the court.  

He is being questioned over allegations that he cleared foreign direct investment worth tens of millions of dollars to INX Media in 2007 when he was finance minister, according to BBC. 

But Chidambaram has denied any wrongdoing. 

In the past, Palaniappan Chidambaram served as finance minister, home minister and pension minister at various times. He was also elected a member of the lower house of parliament.