New Delhi, October 25: The Enforcement Directorate (ED) on Thursday filed a chargesheet against former finance minister P Chidambaram and his son Karti Chidambaram in the Rs 3,500 crore Aircel-Maxis case. The ED has named seven other accused in the case, including Karti Chidambaram's accountant S. Bhaskaraman and four Maxis companies. Chidambaram named as prime accused in the chargesheet. The chargesheet will be considered by a Delhi Court for November 26. Aircel-Maxis Case: ED Moves Court to Cancel Interim Relief from Arrest Granted to Karti Chidambaram
The Central Bureau of Investigation (CBI) in its investigation alleged that the former finance minister helped his son Karti during his tenure as a minister to clear foreign investment deals for which he was given kickbacks. It is the second chargesheet being filed by ED in the Aircel Maxis Case. In this chargesheet also Chidambaram is accused of giving illegal FIPB approval.
Earlier, former telecom minister Dayanidhi Maran, his brother Kalanithi Maran and others, had alleged that the former finance minister had granted an FIPB approval in March, 2006 to Mauritius-based Global Communication Services Holdings Ltd, a subsidiary of Maxis for investing Rs 800 million in Aircel. Aircel-Maxis Case: Supreme Court Orders Centre to Decide Fate of Rajeshwar Singh, ED Probe Officer Goes on 1-Year Leave
However, the Maran brothers and the other accused named in the CBI chargesheet were discharged by the special court. The court said that d the agency had failed to produce any material against. Meanwhile, both Chidambaram and Karti have refuted the allegations levelled against them by the CBI and the ED.
(The above story first appeared on LatestLY on Oct 25, 2018 04:03 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).