Delhi court grants bond to Peter Mukerjea in INX Media money laundering case


Special Judge MK Nagpal granted redress to Peter Mukerjea, the former director and COO of INX Media.

A Delhi court on Saturday granted bail to former media baron Peter Mukerjea in INX Media’s money laundering case linked to former Union Minister P. Chidambaram and his son Karti.

Special Judge MK Nagpal granted redress to Peter Mukerjea, the former director and COO of INX Media.

Read also : INX Media case: a chronology of events

The court had previously granted him interim bail until his regular bail application was pending.

The Central Bureau of Investigation (CBI) had registered a case on May 15, 2017, alleging irregularities in an authorization from the Foreign Investment Promotion Board granted to the INX Media Group for receiving foreign funds of 305 crore yen in 2007 during Chidambaram’s tenure as Minister of Finance.

Subsequently, the Directorate of Enforcement (ED) filed a complaint for money laundering.

Chidambaram was arrested by the CBI on August 21, 2019 and by the ED on October 16, 2019.

On October 22, 2019, the Supreme Court granted bail to Chidambaram in the case filed by the CBI. He was released on bail in the ED case on December 4, 2019.

Karti was arrested by the CBI in February 2018 and released on bail in March 2018 in the INX Media corruption case. He also obtained an interim bond by the Delhi High Court in the money laundering case.


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