Former Union Minister P Chidambaram faces arrest in what is dubbed the "INX Media case", in which he is accused of facilitating foreign investment in a media company as Finance Minister in the Congress-led UPA government at the instance of his son Karti, who allegedly received kickbacks for his role.
On Tuesday, the Delhi High Court rejected Mr Chidambaram's request for anticipatory bail, saying "prima facie", the facts of the case revealed that the "petitioner is the kingpin or key conspirator in the case".
Calling it a classic case of money laundering, Justice Sunil Gaur said: "It was pertinently observed that the economic crimes of such mammoth scale are craftily planned and executed. This grant of bail in cases like instant one will send a wrong message to the society."
Meanwhile, the CBI and Enforcement Directorate (ED) are on the lookout for the Congress leader, who continues to remain untraceable.
Chidambaram’s lawyer, meanwhile, has requested the probe agencies not to take any action till a hearing at the Supreme Court.
The move to hunt down the senior Congress leader has been condemned by Priyanka Gandhi. Taking to Twitter, the Gandhi scion wrote, "An extremely qualified and respected member of the Rajya Sabha, P Chidambaram has served our nation with loyalty for decades including as Finance Minister & Home Minister. He unhesitatingly speaks truth to power and exposes the failures of this government,
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