46 C
Kuwait City
July 12, 2020
Home » Former Indian finance minister Chidambaram granted bail – News

Former Indian finance minister Chidambaram granted bail – News

Source link

He is accused of receiving bribes and money-laundering.

Indian ex-finance minister Palaniappan Chidambaram was granted bail Wednesday, 106 days after his dramatic arrest on corruption charges that he says are part of a government witch-hunt against political opponents.

Chidambaram, 73, a political veteran from the main opposition Congress party, was told to submit a bond of 200,000 Rupees ($2,800), not make any public statements on the issue and to surrender his passport.

Congress had earlier described Chidambaram’s arrest in August by the Central Bureau of Investigation (CBI), India’s equivalent to the FBI, as a “shameless witch-hunt” by Prime Minister Narendra Modi’s government.

Chidambaram, a wealthy lawyer from a land-owning family from Tamil Nadu state, served twice as finance minister and once as home minister during Manmohan Singh’s 2004-14 tenure as premier.

He is accused of receiving bribes, money-laundering and of illegally approving the acquisition of a telecommunications firm by a Malaysian company.

His son Karti Chidambaram and several government officials are also being investigated over their role in the scandals when Singh’s Congress-led alliance was in power.

His arrest saw CBI officers scale the boundary wall of his upscale residence in central New Delhi before escorting him to their headquarters for questioning.

The Congress party welcomed the court decision, tweeting, “Truth Finally Prevails”.

Click here to read more news from @khaleejtimes

Related posts

Video: Dulquer talks about ‘Varane Avashyamund’ – News


Sheikh Hamdan inspects safety measures at DXB as Dubai opens to tourists – News


Covid-19: Dubai can increase capacity of hospitals, isolation centres if needed, says DHA chief – News


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please spend a minute

Gulflance Poll

Which is worst social media?
Vote Now

You're currently offline