INX-Media case: Court sends Chidambaram to Tihar jail

Agencies
September 5, 2019

New Delhi, Sept 5: Veteran Congress leader and former finance minister P Chidambaram was sent to Tihar jail Thursday by a Delhi court where he will spend 14 days in judicial custody in connection with the INX Media corruption case.

Special Judge Ajay Kumar Kuhar sent him to judicial custody till September 19.

"The allegations against the accused were found serious therefore he was remanded to police custody. The investigation is still in progress," the judge said.

"CBI has apprehension that because of his status and his position, the investigation may be hampered by the accused. It's not a case where the accused can be 'released' at the stage of considering his extension of his remand as submitted by the counsel for accused.

"Having considered all facts and circumstances of the case, the nature of offences, stage of investigation, the accused is remanded to judicial custody," he said.

The court allowed him to carry his spectacles, prescribed medicines and providing him with western toilet facility. It also directed that he be kept in a separate cell in Tihar prison as he was a protectee under Z-security.

Solicitor General Tushar Mehta assured that there will be adequate security for Chidambaram in the jail.

The court also issued notice to the Enforcement Directorate on Chidambaram's plea seeking to surrender in the money laundering case lodged by the agency in which the Supreme Court Thursday dismissed his plea against the August 20 order of the Delhi High Court denying him pre-arrest bail.

Chidambaram, 73, was produced before a Delhi court on Thursday after the expiry of his 2-day CBI custody in the case.

His 15-day CBI custody, ordered by the special court in five spells, which started after his arrest on August 21 night, ends today.

His counsel opposed the CBI plea for judicial custody, which will take him to Tihar jail, and said that the veteran Congress leader was ready to go into the ED custody for interrogation in the money laundering case arising out of the scam in which the apex court Thursday refused to grant him pre-arrest bail.

Chidambaram was brought to the special court hours after he withdrew his petition challenging the non-bailable warrant issued against him following which he was sent to the CBI custody.

He was produced before Special Judge Ajay Kumar Kuhar, who had on Tuesday sent him to the CBI custody till today after taking note of the Supreme Court's order which had said that Chidambaram would be in the CBI custody till September 5.

The apex court Thursday also decided on his appeal against the Delhi High Court's August 20 order in the money laundering case lodged by ED and rejected his challenge to denial of anticipatory bail.

Hours after the apex court order, another special court granted Chidambaram and his son Karti anticipatory bail in the Aircel Maxis cases.

In the INX matter, the Solicitor General is appearing for the CBI while senior advocate Kapil Sibal is representing Chidambaram.

The CBI had registered an FIR on May 15, 2017, alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as the finance minister.

Thereafter, the Enforcement Directorate lodged a money laundering case in this regard in 2017.

Chidambaram, who was Union home minister as also finance minister during the UPA rule from 2004 to 2014, was arrested by the CBI on August 21 from his Jor Bagh residence.

During the proceedings, Mehta informed the judge about the outcome of the Supreme Court's order in the ED case and also about the withdrawal of his petitions in the CBI case.

CBI told the court that Chidambaram can be sent to judicial custody as he was a powerful public person and should not be set free.

Sibal opposed the CBI saying there was no allegation that Chidambaram tried to influence or hamper probe.

He further said that Chidambaram was ready to go to the ED custody in money laundering case related to INX Media in which the apex court Thursday dismissed his plea challenging the High Court's August 20 order.

Sibal said Chidambaram will surrender and ED will take him into custody.

"Why should I (Chidambaram) be sent to jail (Tihar)?" he said and pressed that ED should take him to its custody.

"There is nothing found against me. There is no charge sheet. They say I am a powerful and influential. But they have no evidence. There is no evidence of tampering with evidence. Has a witness said anything like that?" Sibal argued.

Mehta objected to Sibal's submission saying he is arguing for bail.

However, Sibal said, "The reasons given in the application for judicial custody are non-existent. What do you need me for in judicial custody."

When the Solicitor General sought a clarification as to for what relief Sibal is arguing the latter said, "I (Chidambaram) am arguing for my release."

Mehta said the apex court has accepted his arguments in the money laundering case lodged by the ED and there is a strong chance of tampering with evidence and witnesses and response is awaited on the Letters Rogatory sent to various countries.

He alleged that Chidambaram was influencing the banks in foreign countries and he was non-cooperative in the investigation and the banks may not cooperate if he influences them.

"This is a case of serious economic offence affecting economy of the country," he said, adding that Chidambaram is influential and has pervasive control over things and may influence witnesses.

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Agencies
July 8,2020

The Jamaat-e-Islami Hind (JIH) has urged Muslims to take precautions during Eid ul-Adha (Bakrid), to be celebrated in the last week of July, and has issued guidelines on offering prayers and sacrifices.

"The namaz should be offered by adhering to the social distancing norms at eidgahs and mosques. Muslims should offer the Eid prayer at home in the same manner as they had done during Eid ul-Fitr in areas where restrictions have been imposed due to COVID-19," it said.

For the sacrifice of animals, a part of the festival, the JIH said "precautionary" measures should be taken due to the pandemic.

"Don't offer qurbani on roads, footpaths and pathways. Ensure the highest level of cleanliness and hygiene. Ensure that you bury the blood and entrails of the animal after qurbani or deliver it at the designated spot of garbage collection," the JIH said in a statement.

The JIH said it would be appropriate to form a committee few days before the Eid ul-Adha, which would keep an eye on the situation, remain in touch with the local administration and offer cooperation towards maintaining the law and order in the area.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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News Network
April 3,2020

Washington, Apr 3: The World Bank has approved USD 1 billion emergency funding for India to help it tackle the coronavirus pandemic, which has claimed 76 lives and infected 2,500 people in the country.

The World Bank's first set of aid projects, amounting to USD 1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 nations using the fast-track process, the bank said on Thursday.

The largest chunk of the emergency financial assistance has gone to India USD 1 billion.

"In India, USD 1 billion emergency financing will support better screening, contact tracing, and laboratory diagnostics; procure personal protective equipment; and set up new isolation wards," the World Bank said after its Board of Executive Directors approved the first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 response.

In South Asia, the World Bank also approved USD 200 million for Pakistan, USD 100 million for Afghanistan, USD 7.3 million for the Maldives and USD 128.6 million for Sri Lanka.

The World Bank said it was now working to grant up to USD 160 billion over the next 15 months to support measures to tackle the pandemic which will focus on the immediate health consequences and bolster economic recovery.

The broader economic program will aim to shorten the time to recovery, create conditions for growth, support small and medium enterprises, and help protect the poor and vulnerable.

"The World Bank Group is taking broad, fast action to reduce the spread of COVID-19 and we already have health response operations moving forward in over 65 countries," said World Bank Group President David Malpass.

"We are working to strengthen (the) developing nations' ability to respond to the COVID-19 pandemic and shorten the time to economic and social recovery," Malpass said.

According to the bank, USD 100 million will support Afghanistan to slow and limit the spread of COVID-19 through enhanced detection, surveillance, and laboratory systems, as well as strengthen essential health care delivery and intensive care.

In Pakistan, USD 200 million will support preparedness and emergency response in the health sector and include social protection and education measures, the bank said.

A total of 1,002,159 COVID-19 cases have been reported across more than 175 countries and territories with 51,485 deaths reported so far, according to Johns Hopkins University data.

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