New Delhi: On Wednesday, P Chidambaram was granted bail by the Supreme Court in the money laundering case linked to the INX Media case. Justice AS Bopanna, who read out the verdict for the three-judge bench said that economic offences fall under the category of grave offences but bail should not be denied in all economic offences.
The court’s order implies that the former finance and home minister can soon walk out of Tihar prison. Earlier in October, the bench led by Justice R Banumathi had granted him bail in a related case investigated by the Central Bureau of Investigation. The same bench accepted his appeal for bail on Wednesday in the case probed by the Enforcement Directorate.
Chidambaram cannot leave the country without the permission of the special court trying his case. Justice Bopanna also said that Chidambaram will have to co-operate in the investigation and not make any statements to the press related to the case.
Chidambaram’s son Karti, also an accused in the INX Media case, welcomed the verdict. Congress leader, Shashi Tharoor, insisted that the Rajya Sabha member should not have been in jail for so long and the bail should have been granted much earlier.