Special Judge Ajay Kumar Kuhar rejected Mr. Chidambaram’s plea to release him on expiry of his police custody. The court allowed him to carry his medicines to the jail.Considering that he has Z-security, the court directed that he be kept in a separate cell.

Solicitor General Tushar Mehta assured that there will be adequate security for Mr. Chidambaram in the jail. Chidambaram in Tihar’s Jail No. 7: Separate cell but no special facilities.

Policemen stand guard outside the Tihar jail as they await the arrival of former Union Finance Minister P. Chidambaram in New Delhi on September 5, 2019. The CBI argued for his judicial custody submitting that there was strong apprehension that he would tamper with evidence and influence witnesses if released on bail.

Mr. Chidambaram’s 15-day CBI custody, ordered by the special court in five spells that started after his arrest on August 21 night, ended today. He also moved an application in court to surrender in the money laundering case connected with the INX Media case. The court is due to hear it on September 12.

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“Anticipatory bail has to be exercised sparingly in cases of economic offences. Considering the facts and circumstances, this is not a fit case to grant anticipatory bail,” the Supreme Court said, in a huge blow to Mr Chidambaram, who has spent 15 days in CBI custody.

The Enforcement Directorate has accused Mr Chidambaram of money-laundering in the case involving INX Media, which is being investigated by the CBI. The CBI accuses Mr Chidambaram of misusing his place as Finance Minister of the country in 2007 while facilitating a huge infusion of foreign funds in INX Media at the instance of his son Karti Chidambaram.

The allegations against Mr Chidambaram and his son are based on the information from INX Media co-founders Peter Mukerjea and Indrani Mukerjea, who are now jailed in Mumbai in connection with the murder of Indrani’s daughter Sheena Bora. Karti Chidambaram, who allegedly received kickbacks for his role in securing the foreign funds, was arrested in 2018 and released after 23 days.

On Tuesday, the Supreme Court had extended Mr Chidambaram’s CBI custody for two days after his lawyer said the 74-year-old leader should not be sent to Tihar jail, where arrested persons are taken when they do not get bail after police custody expires. Mr Chidambaram’s petition challenging a non-bailable warrant against him  and his ask for pre-arrest bail in the Aircel-Maxis case will also come up during the day.

The Rs. 3,500-crore Aircel-Maxis deal involves a clearance of $800 million foreign investment to the company in 2006, allegedly in exchange of kickbacks. While the approval was expected to come from a committee headed by the Prime Minister, it came illegally from the finance ministry, the CBI said.

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Mr Chidambaram said that was the level of the economy. According to government data, the economic growth slowed to a seven-year low to five per cent in the April to June quarter from eight per cent a year ago.

The short video was re-tweeted by Mr Chidambaram’s son Karti Chidambaram with the comment: “P Chidambaram on the state of the economy.” Soon, the Congress tweeted the video and quipped: “A quick reminder by P Chidambaram on why he’s feared by the BJP government.”

Mr Chidambaram, who was finance minister in the Manmohan Singh-led UPA government, has often critiqued the ruling BJP on its economic policies.

He is being investicated by the CBI in connection with the INX Media case and will be in the agency’s custody till Thursday, after which the court will decide on whether to release him or extend his custody. The CBI alleges that as finance minister in 2007, Mr Chidambaram facilitated a huge infusion of overseas funds to the media company INC Media co-founded by Peter and Indrani Mukerjea, at the instance of his son Karti Chidambaram, who allegedly received kickbacks.

The Mukerjeas, who are in jail in Mumbai for the murder of Indrani’s daughter Sheena Bora, have alleged to investigators that the Chidambarams helped them. Indrani has also turned approver in the case.

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