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Former Indian finance minister Chidambaram arrested in corruption case

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The allegations in the case centre around the role of Chidambaram in approving the acquisition of telecoms firm, Aircel Ltd, by Malaysia’s Maxis Bhd. FMTNews

India’s former Finance Minister P Chidambaram sits in a vehicle after he was arrested by the Central Bureau of Investigation officials in his residence in New Delhi.

Chidambaram was arrested by federal police on a warrant issued by a competent court, a spokesman for the Central Bureau of Investigation said. Officials have also alleged Chidambaram was involved in money laundering and conspired around the approval of a telecommunications deal in 2006.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.

He was then taken away in a car that his party supporters tried to stop briefly, local media reported.

 

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