Aircel-Maxis Case: P Chidambaram's Interim Protection From Arrest Extended Till February 1

News World India | 0
| January 11 , 2019 , 15:58 IST

A Delhi court on Friday extended former Union Minister P Chidambaram and his son Karti Chidambaram's interim protection till February 1 in the Aircel-Maxis scam.

Special CBI Judge O P Saini put up the matter for February 1 after Solicitor General Tushar Mehta, appearing for the CBI, told the court that the ongoing probe was about to be completed.

The case relates to alleged irregularities in grant of FIPB approval in the Aircel-Maxis deal.

In 2006, P Chidambaram, as finance minister, allegedly approved foreign investment in the Aircel-Maxis deal that was beyond his jurisdiction.

The Enforcement Directorate (ED) filed a supplementary charge sheet in the Patiala House Court against the former finance minister and eight others in the Rs 3,500-crore Aircel Maxis money laundering case in October. The court had called Chidambaram “Accused No 1”.

ALSO READ: Court Adjourns Aircel Maxis Case Till January 11, Extends Interim Protection To Chidambaram

The Central Bureau of Investigation (CBI) had named nine accused in the case including Chidambaram, S Bhaskar Raman and four Maxis companies.

Earlier, The CBI probed alleged irregularities in grant of FIPB approval in Aircel-Maxis deal, while the ED is probing alleged money-laundering related to the deal.

The ED filed a reply to Chidambaram's plea for anticipatory bail in the case, maintaining that his custodial interrogation was necessary as he was evasive and non-cooperative in the probe.