The Enforcement Directorate’s dogged pursuit in the INX Media case hits a crucial juncture with prosecution sanction against P. Chidambaram, ex-Finance Minister. Granted on February 10, 2026, by the relevant authority, the permission was tabled in Delhi’s special PMLA court, paving way for formal charges.
Stemming from CBI’s 2017 FIR invoking cheating, conspiracy, and anti-corruption laws, the scandal implicates INX Media’s foreign investment approvals under Chidambaram’s watch. Alleged quid pro quo involved bribes laundered via Karti Chidambaram-linked ventures.
ED’s forensic unraveling exposed a multi-tiered money trail: funds dispersed across accounts, converted to shares and assets for camouflage. Valued at Rs 65.88 crore, these proceeds saw phased asset freezes, all validated judicially.
Prior ED filings—prosecution complaint in June 2020, cognizance March 2021, supplementary December 2024—set the stage. Complying with Supreme Court’s CrPC 197 interpretation, this sanction removes the final barrier.
As the Rouse Avenue court gears up, the case symbolizes anti-corruption momentum. It probes deep into power-broker networks, challenging narratives of impunity. Outcomes could redefine accountability standards for public figures, with national eyes watching closely.