Aircel Maxis case: PC, son get a breather
National

Aircel Maxis case: PC, son get a breather

New Delhi, Oct 8: A Delhi court on Monday extended till November 1 interim protection from arrest to former Union Minister P Chidambaram and his son Karti in the Aircel Maxis case.

The case is being probed by the Central Bureau of Investigation and Directorate of Enforcement.

CBI is probing how P Chidambaram, who was Union Finance Minister in 2006, granted a Foreign Investment Promotion Board (FIPB) approval to a Foreign Firm when only the Cabinet Committee on Economic Affairs (CCEA) was empowered to do it.

The role of Chidambaram has come under the scanner of investigating agencies in the Rs 3,500 crore Aircel Maxis deal and the INX Media case involving Rs 305 crore.

A charge sheet had been filed earlier in this case against ex-Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and others. Investigating agency had alleged that Chidambaram had granted an FIPB approval in March 2006 to Mauritius-based Global Communication Services Holdings Ltd, a subsidiary of Maxis.

A special court after hearing the plea in this case passed an order of discharge in favour of Maran brothers and other accused named in the charge sheet of CBI. The court had said that the Investigating Agency had failed to produce any material against them to proceed in the trial.

The ED is probing a separate money laundering case in the Aircel-Maxis in which Chidambaram and Karti have been questioned. The allegations, as levelled by the CBI and the ED, have been denied by both Chidambaram and Karti.

Counsel for Directorate of Enforcement and CBI had submitted before the court that the investigating agencies required time to file a detailed reply and then will argue on the application filed on behalf of Chidambaram.

The agency filed a supplementary charge sheet before special judge CBI Special Judge O P Saini, who will consider it on the next date.(UNI)