Aircel-Maxis Case: P Chidambaram Safe From Arrest Till July 10

| June 5 , 2018 , 12:15 IST

A Delhi court on Tuesday extended the protection against arrest to former finance minister Congress leader P Chidambaram till July 10 in connection with the Aircel-Maxis alleged money laundering case.

The Enforcement Directorate (ED), investigating Chidambaram, has sought time for filing a detailed reply in the Aircel-Maxis case. The court has fixed the issue for further hearing on July 10, the same date of hearing for Chidambaram's son Karti Chidambaram in the Aircel-Maxis case.

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P Chidambaram had last week moved the Delhi court seeking protection from arrest in the case, filing his plea for anticipatory bail before Special Judge OP Saini. In the plea, Chidrambaram claimed that all the evidence in the case appeared documentary in nature and was already in possession of the government and nothing was to be recovered from him.

Special public prosecutor Nitesh Rana, appearing on behalf of the ED opposed the plea filed by Chidambaram arguing that he had not joined the investigation that day as well, for which the ED had already issued a summons.

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The Aircel-Maxis cases are connected to the grant of Foreign Investment Promotion Board (FIPB) clearance to the M/S Global Communication Holding Services Ltd firm in 2006 for investment in Aircel, which took place while Chidambaram was the Union Finance Minister.

According to the ED, Chidambaram granted FIPB approval in the Aircel-Maxis case despite being the competent authority to accord approval on project proposals only up to Rs 600 crore.

On March 12, the Supreme Court had directed investigating agencies, the CBI and the ED, to complete their probe into the 2G spectrum allocation cases, including the Aircel Maxis alleged money laundering case, in six months.