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Will he stay in jail or walk out on bail: SC to decide Chidambaram’s fate today

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New Delhi, Sep 05: The fate of senior Congress leader and former union minister, P Chidambaram, will be decided today by the Supreme Court.

The court is scheduled to pronounce its verdict on Chidambaram's plea challenging the Delhi high court's verdict denying him anticipatory bail plea in the INX Media money laundering case lodged by the ED.

Will he stay in jail or walk out on bail: SC to decide Chidambaram’s fate today

The court is also likely to pass an order on his plea challenging the issuance of the non-bailable warrant (NBW) against him and the subsequent remand orders for custodial interrogation issued by the trial court in the corruption case lodged by the CBI.

Chidambaram's 15-day CBI custody, ordered by the special court in five spells, which started after his arrest on August 21 night, comes to an end today.

Entertaining Chidambaram's plea against remand will set bad precedent says CBI

In the Supreme Court, a bench of Justices R Banumathi and A S Bopanna, had reserved orders on August 29 on the Chidambaram's plea in the ED case.

While reserving the orders the bench had said it would decide on the question whether to look into the documents placed before it by the ED in a sealed cover.

"Whether to look into the documents will depend on the decision of the court," the bench had said and added that if it decides not to look into the document, then entire documents will be returned to the ED as it is.

The court had directed the ED to produce the documents in a sealed cover with the authenticated seal of the Directorate of Enforcement.

The court had on September 3 ordered that Chidambaram would remain in the CBI custody till September 5 despite the probe agency insisting that it did not require his further custodial interrogation.

On his 13 day custody, Chidambaram has a two word response

CBI had lodged an FIR on May 15, 2017, alleging irregularities in FIPB clearance granted to INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister. Thereafter, ED lodged a money laundering case in 2017.

The Delhi high court had on August 20, rejected anticipatory bail pleas of Chidambaram in the INX media scam cases lodged by CBI and ED.

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