ED took up a case of bank fraud for investigation under PMLA against M/s Fairdeal Supplies Ltd. and its directors namely Ram Prasad Agarwal, Narayan Prasad Agarwal, Pawan Kumar Agarwal and Saurabh Jhunjhunwala and others on the basis of charge-sheet filed by CBI before Special Court, CBI, Kolkata
Modi is currently lodged at Wandsworth prison in south-west London and is wanted for his alleged role in the Rs 13,570 crore loss caused to the bank along with his uncle, Mehul Choksi.
The top court observed that Chidambaram shall not tamper with evidence and not influence the witness. He shall not give a press interview and not make public statements with regard to this case.
The bank had accused Moser Baer and its director of defrauding the bank of Rs 354 crore. Based on the complaint, the ED had arrested Puri on August 19.
The High Court had, on November 15, dismissed his bail plea and observed that prima facie allegations against him were serious in nature and he played an "active and key role" in the offense.
The alleged money laundering case was registered against him by the ED in September last year, based on a complaint filed the Income Tax Department
The CBI had registered an FIR alleging irregularities in a Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007, during Chidambaram's tenure as finance minister.
The alleged money laundering case was registered against him by the ED in September last year, based on a complaint filed by the Income Tax department, alleging tax evasion and hawala transactions amounting to crores.
A three-member team of ED including Mahesh Gupta, Sandeep Thapliyal, and Dainik Jain had arrived at Tihar Jail to interrogate P Chidambaram, who is lodged in the case which is also being investigated by the CBI.
Chidambaram is currently in judicial custody in Tihar Jail in a corruption case related to the alleged scam being probed by the Central Bureau of Investigation (CBI). His remand is slated to end on October 17.
