Aircel Maxis Case Update:-Delhi’s Patiala Court has extended the interim protection that had been granted to former Finance Minister P Chidambaram and his son, Karti Chidambaram till August 7 2018 in relation to the Aircel Maxis Case. Enforcement Directorate had filed a charge sheet against Karti Chidambaram under the section 4 (punishment for money-laundering) of the Prevention of Money Laundering Act. However, Karti’s father hasn’t been directly accused in the case by the ED. Aircel Maxis case roots back to 2007, when P Chidambaram was the Finance Minister of India, and that Foreign Investment Promotion Board (FIPB) had given clearance to M/S Global Communication Holding Services Ltd for investment in Aircel organization.
Enforcement Directorate has accused Karti Chidambaram of receiving a bribe of 26 Lakhs so that he could help the organization get an approval, which was granted by P Chidambaram, who was only allowed to give approval upto Rs 600 crores. But, the investigation by ED found out that the numbers had been reduced to 180 crore so as to avoid inquiry by the CCEA.
Karti Chidambaram has also been involved with the INX media case, and was arrested earlier this year at Chennai airport while ariving from Mumbai. He was arrested on the testimonies of Peter and Indrani Mukerjea, who are also serving time for the charges of murdering their daughter, Sheena Bora.