Former Indian finance minister Chidambaram arrested in corruption case

NEW DELHI: Police arrested former Indian finance minister P. Chidambaram late on Wednesday in relation to alleged corruption and cash laundering, a day after the Delhi Excessive Courtroom rejected his utility to hunt exemption from arrest.

Chidambaram was arrested by federal police on a warrant issued by a reliable court docket, a spokesman for the Central Bureau of Investigation (CBI) stated.

The CBI and Enforcement Directorate – India’s monetary crime preventing company – have alleged that Chidambaram abused his official place whereas he was finance minister. Officers have additionally alleged Chidambaram was concerned in cash laundering and conspired across the approval of a telecommunications deal in 2006.

Chidambaram denied any wrongdoing, talking at a information convention hours earlier than his arrest.

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Chidambaram, who served twice as finance minister within the earlier Congress party-led coalition that ran India for a decade, has approached India’s high court docket searching for to enchantment the Excessive Courtroom ruling rejecting his utility to stop an arrest.

The Supreme Courtroom is because of hear his petition on Friday.

After the press convention, in dramatic scenes televised throughout Indian media, law enforcement officials reached Chidambaram’s residence and jumped over the wall to enter the premises.

He was then taken away in a automobile that his get together supporters tried to cease briefly, native media reported.

The allegations within the case middle across the function of Chidambaram, who’s a senior chief of the Congress get together that’s now in opposition, his son Karti Chidambaram, and a number of other former authorities officers, in approving the acquisition of telecoms agency, Aircel Ltd, by a Malaysian agency, Maxis Bhd.

The people accused within the case face costs of “abuse of official place and felony conspiracy in giving unlawful approval,” a CBI official instructed reporters final month.

Chidambaram, 72, a Supreme Courtroom lawyer, has been a vocal critic of Indian Prime Minister Narendra Modi and his insurance policies.

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