Delhi Court Extends P Chidambaram & His Son’s Interim Protection, Aircel Maxis Case

Aircel-Maxis Case: Delhi Court Extends P Chidambaram And His Son’s Interim Protection Till Dec 18.

Patiala House Court, today extended the interim protection of former Union Minister P Chidambaram and his son Karti Chidambaram till 18 December 2018 in connection with the Aircel-Maxis money laundering case, reported.

Earlier, the court had extended protection till November 26. On October 25, the Enforcement Directorate (ED) had filed a charge sheet against former P Chidambaram and eight others in the Aircel-Maxis case.

A total of nine had been named in the case, including Chidambaram, S. Bhaskaraman and four Maxis companies.

This is the second chargesheet being filed by the ED in the Aircel-Maxis Case. It mentions illegal Foreign Investment Promotion Board (FIPB) approval by Chidambaram.

CBI Special Judge OP Saini fixed November 26 for consideration of the charge sheet. Both Chidambaram and Karti have denied the allegations levelled against them by the CBI and the ED.

The Central Bureau of Investigation (CBI) on July 19 filed a fresh charge-sheet in the Aircel-Maxis case in a Delhi Court against 18 accused, including Chidambaram, his son, Karti, and select government officials (serving and retired).

In its new charge-sheet, the CBI said that two sets of money trails were discovered regarding the Foreign Investment Promotion Board (FIPB) clearance.

The Aircel-Maxis deal case, which emerged out of 2G spectrum cases, pertains to a grant by the Foreign Investment Promotion Board (FIPB) to firm M/S Global Communication Holding Services Ltd for investment in Aircel.

The ED had earlier said that the FIPB approval granted in 2006 by Chidambaram was beyond his mandate as he was only authorised to accord approval on project proposals up to Rs 600 crore.

P. Chidambaram’s son Karti was arrested on February 28 at the Chennai airport upon his return from the United Kingdom, for his alleged role in the case. Currently, Karti is on bail too.

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