Skip to content
Search

Latest Stories

India's ex-finance minister arrested at home in dramatic raid

High drama unfolded in New Delhi late Wednesday (21) as officers from India's equivalent of the FBI scaled the walls of a former finance minister's home to arrest him on corruption charges, local media reported.

Earlier in the day, the Central Bureau of Investigation (CBI) had alerted airports to prevent Palaniappan Chidambaram, finance minister from 2004-2008 and again from 2012-2014, from leaving the country.


Chidambaram, 73, earlier this week failed to secure bail and had not been seen since Tuesday, until he showed up at the headquarters of the opposition Congress party on Wednesday to proclaim his innocence.

At a news conference, he called his accusers "pathological liars".

Driving then to his home in the upscale Jor Bagh neighbourhood, he was tailed by around 30 CBI officers who knocked at the doors before scaling the boundary walls, the Press Trust of India reported.

Once three officers were inside, they opened the gates to allow team members to enter, while others rushed to the back door to secure all exit points, PTI reported.

After Chidamabaram was arrested, party supporters gathered outside the home to protest. Some jumped on the car in which the politician was taken away, the agency said.

Chidambaram has been charged in relation to alleged kickbacks and money laundering involving a media company when he was finance minister under former premier Manmohan Singh.

He was expected to appear in a special CBI court on Thursday, PTI reported.

More For You

England and Wales councils

The government's "fair funding review 2.0," expected on December (17) will determine how funding is allocated

iStock

England and Wales councils warn of bankruptcy as funding reaches 'breaking point'

Highlights

  • 29 councils already unable to meet financial obligations without emergency government loans.
  • London boroughs face £1bn shortfall this year, with half potentially requiring bailouts by 2028.
  • Government's "fair funding review 2.0" expected December (17) will determine council allocations.

Local authorities across England and Wales have warned their finances are at "breaking point," with more councils expected to declare bankruptcy as they await crucial government funding announcements this month.

Council leaders anticipate changes to annual funding arrangements will result in steep cuts for many authorities, preventing them from balancing budgets and providing basic services to residents.

Keep ReadingShow less