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Chidambaram gets another day’s protection from arrest by ED; CBI custody stays till Aug 30

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Chidambaram gets another day’s protection from arrest by ED; CBI custody stays till Aug 30

The Supreme Court today (Tuesday, August 27) extended the protection from arrest granted to former Finance Minister P Chidambaram in the INX Media money laundering case till tomorrow.

The SC bench of Justices R Banumathi and AS Bopanna would hear the arguments of the Enforcement Directorate (ED) on Chidambaram’s two petitions, including the challenge to remand orders, on Wednesday, reported PTI.

Yesterday as well Chidambaram’s protection from arrest in case being probed by ED had been extended by a day. In the case being probed by the CBI and being heard in trial court, however, the agency got to keep him in custody for further interrogation for another five days and he will be produced in the court on Aug 30. The CBI said he was confronted with one of the co-accused with a file containing email exchanging with respect to INX Media Scam is undertaken. “So we need more time to unravel the larger conspiracy,” Solicitor General Tushar Mehta had argued.

In the Supreme Court today, as hearing in the case being probed by ED resumed today, Chidambaram’s counsel senior advocate Kapil Sibal filed a rejoinder to the ED affidavit which lists countries where he and “his co-conspirators” allegedly had bank accounts and properties.

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Sibal said the ED cannot place documents in the court randomly and “behind the back” for seeking custody of the accused.

He also sought transcripts of the interrogation conducted by the ED on three dates in the INX Media money laundering case.

Chidambaram was questioned in the INX Media case on three occasions. He has challenged the agency’s decision to arrest him, contending that he has answered to all their questions and the transcripts will prove that.

Sibal asked a bench of Justices R Banumathi and AS Bopanna to order the agency to produce the transcripts of the questioning conducted on December 19 last year, January 1 and 21 this year.

The agencies, he said, “are just producing documents at random and saying this is part of the case diary… They cannot place the documents behind the back and seek custody of accused”.

Abhishek Manu Singhvi, also part of Chidambaram’s legal team, said the case has been incorrect since beginning.The section on conspiracy in the PMLA Act (Prevention of Money Laundering Act) didn’t exist for the time when the alleged offences took place.

He told the Supreme Court that ED had charged the former minister for an alleged action in 2007-2008 under provisions of the money laundering law that were notified as an offence only in 2009.

“The Sections charged in the FIR were declared offences only in June 2009 through notification of amendment of the Prevention of Money laundering Act, one year after the alleged acts took place,” Singhvi said.

Constitutional law states that a person cannot be charged with a crime that was not an offence at the time of its alleged commission. Nor can he be given greater punishment than prescribed at the time of commission of the offence, Singhvi said.

A person is being “painted as a kingpin” of an alleged offence which did not exist as an offence at the time it was committed, said Singhvi, a reference to the Delhi High Court order that rejected Chidambaram’s request for pre-arrest bail. In this order that has been assailed by Chidambaram’s team, the judge had termed the former minister the kingpin of the scandal.

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Further, Singhvi said a person being questioned by the agencies is “not obliged to give the answers the agencies want to hear”, he said, adding that it was sufficient if a person gives an answer to the questions put to him.

Chidambaram said he doesn’t have a bank account abroad and that his son Karti Chidambaram has a foreign account with the permission of the Reserve Bank. The agency’s move to arrest him and keep him in custody amounts to extraction of confession, he said. The accusation has been denied by the Enforcement Directorate.

During yesterday’s hearing, Chidambaram accused the Enforcement Directorate of leaking its document on charges against him to the media and blindsiding him with the allegations.

Chidambaram has been accused of facilitating a huge infusion of foreign funds into the media company INX Media in 2007, when he was Finance Minister, at the instance of his son Karti Chidambaram, who allegedly received kickbacks for his role.

Also Read: Telangana BJP Leader’s son goes missing in United Kingdom

India News

PM Modi takes aim at critics with Dimagi Naxal remark at SRCC centenary address

PM Modi revived his dimagi Naxal remark at SRCC’s centenary celebrations and spoke about India’s development journey.

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PM Modi

Prime Minister Narendra Modi revived his ‘dimagi Naxal’ remark while addressing the centenary celebrations of Shri Ram College of Commerce (SRCC) in Delhi on Saturday, using the term to criticise his opponents.

Speaking to students at the Delhi college, PM Modi described the phrase as a “homeopathic pill” and said it had prompted those he described as “dimagi Naxals” to come forward and reveal their views.

The prime minister also used his address to speak to Gen-Z about India’s development journey and asked students to consider the challenges the country had faced in the past.

PM Modi recalls past crises

During his speech, PM Modi referred to the 2013 Kedarnath disaster and the 2008 global financial crisis while criticising the handling of national emergencies by previous governments.

He said the government at the time of the Kedarnath disaster was shaken and questioned its ability to respond to the crisis.

Referring to the 2008 banking crisis, PM Modi alleged that the government of the time failed to effectively deal with the situation and claimed that India’s banking system was pushed close to collapse.

Prime minister lists challenges faced by his government

PM Modi also highlighted several major global crises that occurred during his government’s tenure.

He mentioned the COVID-19 pandemic, the Russia-Ukraine war, disruptions to global trade and supply chains, and the crisis in West Asia.

The prime minister said there had been concerns that India would struggle during these crises but argued that the country had continued to move forward.

PM Modi’s earlier SRCC visit

PM Modi had earlier visited SRCC in 2013, when he was the chief minister of Gujarat. His speech at the college received significant attention, particularly on social media, ahead of the 2014 Lok Sabha election.

His latest visit came during the college’s centenary celebrations, where his address focused on young people, India’s development ambitions and the challenges faced by the country.

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India Metro Rail Network May Overtake US in 2 Years

India’s metro rail network has reached 1,170 km across 26 cities. Union minister Manohar Lal said the country could overtake the US in network length within two years.

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Manohar Lal Khattar

India is on track to become the country with the second-largest metro rail network in the world after China, with Union Minister Manohar Lal saying the country could overtake the United States within the next two years.

India’s metro rail network has now expanded to 1,170 km across 26 cities. The network is only 216 km shorter than the US metro rail network, which stands at 1,386 km, according to figures cited by the minister.

India’s metro network expands rapidly

Speaking after the inauguration of an extended metro service in Indore, Manohar Lal highlighted the pace at which metro connectivity has grown in India.

He said metro services were operational across just 245 km in five cities when Prime Minister Narendra Modi assumed office in 2014. The network has since expanded to 1,170 km across 26 cities.

The minister said India could overtake the US in terms of metro rail network length in the next two years and become the world’s second-largest country in this segment after China.

China currently has around 8,000 km of metro rail lines, according to the figures cited by the minister.

Indore metro extension inaugurated

The minister made the remarks after inaugurating an extended section of the Indore metro. The project was built at a cost of around Rs 2,850 crore.

The Indore metro was earlier operating commercially on a six-km stretch between Gandhi Nagar and Super Corridor-3 stations. Following the extension, the service will operate on a 17-km route between Gandhi Nagar and Malviya Nagar Chauraha.

Madhya Pradesh Chief Minister Mohan Yadav said the metro service would mark a new phase in Indore’s development. He also said the network would eventually be extended to Ujjain and other nearby areas.

India’s metro rail network: Key figures

  • India currently has 1,170 km of operational metro rail network.
  • Metro services are operational across 26 cities.
  • The US has around 1,386 km of metro rail network.
  • India is currently 216 km behind the US.
  • China has around 8,000 km of metro rail lines.
  • India’s operational network stood at 245 km across five cities in 2014.

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PM Modi returns to SRCC after 13 years, revisits 2013 glass full speech

PM Narendra Modi returned to SRCC after 13 years for its centenary celebrations, revisiting themes from his landmark 2013 address.

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PM Narendra Modi

Prime Minister Narendra Modi returned to Delhi University’s Shri Ram College of Commerce (SRCC) on Saturday, 13 years after his previous visit to the institution as Gujarat chief minister. 

His latest visit came as SRCC marked its centenary celebrations. Modi’s 2013 address at the college had attracted significant attention as he spoke about India’s youth, governance and the country’s demographic potential.

In 2013, Modi was Gujarat chief minister and had not yet been named the BJP’s prime ministerial candidate. He returned to the same campus this year as Prime Minister, having completed 12 years as Prime Minister and serving his third consecutive term. 

What PM Modi said at SRCC in 2013

The 2013 lecture was titled Emerging Business Models in the Global Scenario. The address also covered governance and India’s young population.

He described India’s youth as a source of national strength rather than simply a group of new-age voters. He also highlighted India’s demographic advantage and argued that the country needed to make better use of its young population.

One of the notable moments from the speech involved a glass of water.  Modi contrasted the conventional descriptions of a glass as half full or half empty and said he viewed it as full, with half containing water and the other half air.

The speech also included his remarks on technology and young Indians. Referring to an anecdote from a visit to Taiwan, Modi used the phrase “mouse-charmers” to describe Indians using computers and suggested that young Indians had the ability to influence the world through technology.

‘Minimum government, maximum governance’

Modi’s 2013 address also touched on governance. He spoke about the role of government and the need for better governance.

He also spoke about India’s potential in the 21st century. 

Modi returns as PM for SRCC centenary

The September 5 visit coincided with Teachers’ Day and SRCC’s 100th anniversary. The Prime Minister’s Office had announced that Modi would participate in the college’s centenary celebrations and address the gathering. SRCC was established in 1926 by industrialist and philanthropist Sir Shri Ram.

Earlier this year, Modi also met the SRCC governing body at his residence in April in connection with the college’s centenary celebrations and released a commemorative postage stamp marking the occasion. 

The return to SRCC came 13 years after his 2013 appearance at the college, when he addressed students as Gujarat chief minister.

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