Reuters, New Delhi :
Police arrested former Indian finance minister P. Chidambaram late on Wednesday in relation to alleged corruption and money laundering, a day after the Delhi High Court rejected his application to seek exemption from arrest.
Chidambaram was arrested by federal police on a warrant issued by a competent court, a spokesman for the Central Bureau of Investigation (CBI) said.
The CBI and Enforcement Directorate – India’s financial crime fighting agency – have alleged that Chidambaram abused his official position while he was finance minister.
Officials have also alleged Chidambaram was involved in money laundering and conspired around the approval of a telecommunications deal in 2006.
Chidambaram denied any wrongdoing, speaking at a news conference hours before his arrest.
Chidambaram, who served twice as finance minister in the previous Congress party-led coalition that ran India for a decade, has approached India’s top court seeking to appeal the High Court ruling rejecting his application to prevent an arrest.
Police arrested former Indian finance minister P. Chidambaram late on Wednesday in relation to alleged corruption and money laundering, a day after the Delhi High Court rejected his application to seek exemption from arrest.
Chidambaram was arrested by federal police on a warrant issued by a competent court, a spokesman for the Central Bureau of Investigation (CBI) said.
The CBI and Enforcement Directorate – India’s financial crime fighting agency – have alleged that Chidambaram abused his official position while he was finance minister.
Officials have also alleged Chidambaram was involved in money laundering and conspired around the approval of a telecommunications deal in 2006.
Chidambaram denied any wrongdoing, speaking at a news conference hours before his arrest.
Chidambaram, who served twice as finance minister in the previous Congress party-led coalition that ran India for a decade, has approached India’s top court seeking to appeal the High Court ruling rejecting his application to prevent an arrest.
