Aircel-Maxis case: Chidambaram, Karti’s interim protection extended till August 7

P Chidambaram

New Delhi, July 10 : Delhi’s Patiala House Court on Tuesday extended the interim protection granted to former union minister P Chidambaram and his son Karti Chidambaram till August 7, 2018, in the Rs 3,500 crore Aircel-Maxis deal.

The former finance minister was earlier given protection from arrest by the Enforcement Directorate till July 10 by the Court.

The Enforcement Directorate (ED) has filed a detailed reply in the case and opposed the anticipatory bail granted to P Chidambaram.

Chidambaram had on May 30 moved the court seeking protection from arrest in the case, saying all evidence in the matter appears to be documentary in nature which is already in the possession of the incumbent government and nothing was to be recovered from him.

The Central Bureau of Investigation and the ED are investigating how Karti Chidambaram allegedly managed to get a clearance from the Foreign Investment Promotion Board (FIPB) in the Aircel-Maxis deal when his father was the Union Finance Minister in 2006.

The ED, in September 2017, had attached Rs 1.16 crore worth of assets of Karti Chidambaram, who is being probed for allegedly receiving kickbacks in lieu of the FIPB clearance.

ED in its detailed reply said,”P Chidambaram is evasive in his replies to why the total foreign inflow to the tune of US $ 800 million was approved by him on March 13, 2016 deliberately and intentionally without raising any objection.”

The agency told the court that it may file a supplementary chargesheet in the case.

The ED is probing the Aircel-Maxis deal under the PMLA after taking cognisance of a 2011 Central Bureau of Investigation (CBI) complaint in the case.

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