Aircel-Maxis case: Delhi court grants anticipatory bail to P Chidambaram

Chidambaram is under the scanner for his alleged role in granting the Foreign Investment Promotion Board (FIPB) approval to a foreign firm when only the Cabinet Committee on Economic Affairs (CCEA) was empowered to do it.

In its chargesheet filed earlier in the case against former telecom minister Dayanidhi Maran, his brother Kalanithi Maran and others, the agency had alleged that Chidambaram had granted FIPB approval in March 2006 to Mauritius-based Global Communication Services Holdings Ltd, a subsidiary of Maxis.

The Maran brothers and other accused, who were listed in the CBI chargesheet earlier, were discharged by the special court which had said that the agency had failed to produce any material against them to proceed with the trial.

The Enforcement Directorate is also probing a separate money laundering case in the Aircel-Maxis case in which Chidambaram and Karti have been questioned by the agency.

Both Chidambaram and Karti have denied the allegations levelled against them by the CBI and ED.

with PTI inputs

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