Chidambaram faces arrest in INX Media case: Here’s how the story unfolded

Former finance minister and Congress leader P Chidambaram is facing an arrest in the so-called INX Media case. Chidambaram’s son, Karti, allegedly used his father’s influence as a Union minister in the Congress-led United Progressive Alliance government in 2017 to influence approval for a Rs 305-crore foreign investment in INX Media.

The Central Bureau of Investigation has accused Chidambaram, Karti, INX Media, and unknown officials of the finance ministry in the case. INX Media was once owned by Indrani and Peter Mukerjea, the couple now in jail in an unrelated murder case.

Here are key dates to know in the INX Media case.

May 15, 2017: CBI files FIR alleging irregularities in Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 3.05 billion in 2007 when Karti’s father was the Union Finance minister