Previous money serve P Chidambaram “abused his official position” in giving endorsement to a FDI proposition of INX Media and INX News Pvt Ltd in lieu of “illicit satisfaction” in India and through seaward installments, the CBI guaranteed in its charge sheet recorded against him and 13 others in the INX Media debasement case.
The charge sheet in which 74-year-old Chidambaram, his child Karti and 12 others including administrators were blamed for making misfortune the exchequer by submitting offenses u ..
causing loss to the exchequer by committing offences under the Prevention of Corruption (PC) Act was filed in a court on a day the Supreme Court reserved its verdict on the Congress veteran’s plea against the Delhi High Court order denying him bail in the corruption case.
Source & Courtesy – The Economics Times & Others