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 [Representational Image]Reuters file

The Delhi High Court has rejected the anticipatory bail plea of former union finance minister P Chidambaram in the money laundering case related to the INX Media scandal.

Denying Chidambaram protection against arrest Justice Sunil Gaur reserved the case for January 25. The former finance minister is likely to move the Supreme Court. The court had granted him interim protection from arrest on July 25, 2018, which was extended later. 

On May 15, 2017, the Central Bureau of Investigation (CBI) registered an FIR in the INX Media scam alleging irregularities in the Foreign Investment Promotion Board (FIPB) clearance granted to INX for receiving overseas funds of Rs 305 crore.

(This is a developing story. More details awaited)