INX Media money laundering case: Supreme Court extends protection to Chidambaram by a day
New Delhi: The Supreme Court Tuesday extended till tomorrow protection from arrest granted to former finance minister P Chidambaram in the INX Media money laundering case. A bench of Justices R Banumathi and A S Bopanna said it would hear the arguments of the Enforcement Directorate (ED) on Chidambaram's two petitions, including the challenge to remand orders, on Wednesday.
Senior advocate Kapil Sibal, appearing for Chidambaram, filed an application seeking direction to the ED to produce the transcripts of the questioning conducted on December 19 last year and January 1 and January 21 this year in the case. Solicitor General Tushar Mehta, appearing for ED, said he would like to reply to the fresh application during the course of his arguments. The transcripts will show whether Chidambaram was evasive during his questioning, as alleged by the ED, Sibal said.
He also told the bench that the ED cannot place documents in the court randomly and "behind the back" for seeking Chidambaram's custody. "They are just producing documents at random and saying this is part of the case diary," Sibal said, adding, "They cannot place the documents behind the back and seek custody of accused."
Senior advocate Abhishek Manu Singhvi, also appearing for Chidambaram, referred to the constitutional and legal provisions and said that fundamental right of citizens under Article 21 (right to life and personal liberty) cannot be suspended. Singhvi argued that the Prevention of Money Laundering Act (PMLA) was amended in 2009 whereas the allegations in the case are of 2007-2008.
"You try and paint a person as a kingpin when these alleged offences did not exist at that time," he told the court during the arguments which will continue in the post lunch session. The apex court had on Monday extended till Tuesday the protection from arrest given to Chidambaram in the INX Media money laundering case lodged by the ED.
Chidambaram was the Union minister for finance as also home during the UPA-I and UPA-II government from 2004 to 2014.
The CBI had registered an FIR on May 15, 2017, alleging irregularities in the 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 the finance minister.
Thereafter, the ED lodged a money laundering case against him in 2017.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Real Madrid fines Valverde and Tchouaméni half a million euros each for altercation
Barcelona (AP): Real Madrid slapped players Federico Valverde and Aurélien Tchouaméni with half-a-million-euro ($588,000) fines on Friday for their altercation during practice.
The massive fines came a day after the midfielders tussled when the team trained. Valverde said in a post on social media on Thursday that no punches were thrown. But Valverde knocked his head on a table and he suffered a small cut that required a brief hospital visit.
On social media, Valverde initially called it a “meaningless fight” with a teammate and said “everything has been blown out of proportion."
His employers, however, considered it a significant enough breach of team discipline to nail both Valverde and Tchouaméni with fines that bite even the bank account of a top soccer player. The half-a-million euro penalties reflect the reputational damage the club was enduring in a chaotic end to a disappointing season.
In a statement, the 15-time European champion said its disciplinary action was concluded after both players expressed to the club “their complete remorse for what happened and apologized to one another.”
Madrid added they also apologized to their teammates, the coaching staff and club supporters, as well as showing their willingness to accept whatever disciplinary action the club deemed “opportune.”
Tchouaméni was back training with Madrid on Friday, two days before they play at Barcelona in a clasico. Madrid has to win otherwise Barcelona will be crowned La Liga champion.
After being notified of the fine, he posted a public apology to the club and its fans on social media.
“What happened this week in training is unacceptable,” Tchouaméni wrote. "I say this while thinking about the example we are expected to set for young people, whether in football or at school.
“Above all, I am sorry for the image we projected of the club.”
Valverde was not at practice due to the head knock.
Both players are set to play in the World Cup next month, with Tchouaméni playing for France and Valverde for Uruguay.
Chaotic end to a poor season
===================
The run-in between the players, who for seasons have played side by side in Madrid's midfield, came after they argued this week in previous training sessions. But tempers boiled over on Thursday. Spanish media was rife with reports that the players previously disagreed over the club's decision to let coach Xabi Alonso go after just months on the job.
It was not the only altercation involving Madrid players during training this week. Álvaro Carreras confirmed he was in a “minor” incident with a teammate. Spanish media said he and fellow defender Antonio Rüdiger got into a scuffle.
Álvaro Arbeloa, the coach who was promoted from Madrid's reserve team when Alonso was fired in January, will face tough questions on what went wrong inside the changing room when he gives a press conference on Saturday ahead of the clasico at Camp Nou.
Madrid is facing a second consecutive campaign without a major trophy amid rumors in the Spanish media that club president Florentino Pérez is considering bringing back Jose Mourinho to straighten out his underperforming team.
