CHIDAMBARAM SAGA … Former Union minister still in ED custody after Supreme Court grants him bail in INX Media case

NEWS CHIDAMBARAM
NEW DELHI: Disgraced former Union minister P Chidambaram, who was granted bail by the Supreme Court on Tuesday, is not out of confinement yet. He remains in the custody of the Enforcement Directorate, which is currently interrogating him on charges of money laundering, till October 21. Chidambaram was arrested on August 21, and was in CBI custody. He was granted bail on the grounds that the CBI failed to convince the court that he tried to influence witnesses in the INX Media case. 
“The appellant Chidambaram is said to be aged 74 years and is also said to be suffering from age-related health problems. Considering these and the facts and circumstances of the case, we are of the view that he is entitled to bail,” the judges said. The court rejected the submission of the CBI that he might fly abroad.
Chidambaram allegedly and out of the way facilitated foreign funding for INX Media when he was Finance Minister  some 12 years ago, and allegedly took bribe from the beneficiary firm through his son Karti. 
As per sources in home department, the ED has documents to show Chidambaram and his son Karti acquired huge properties in several countries during the time Chidambaram was finance minister. 
Earlier, the Delhi high court had rejected his bail application on the ground that, once out, he might influence the witnesses in the case to give evidence in his favour.–IHN-NN
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