Aircel-Maxis case: ED Files supplementary chargesheet against former finance minister P Chidambaram

Chidambaram is accused of violating FIPB norms in the INX media case too.

The Enforcement Directorate (ED) on Thursday has filed a supplementary charge sheet against former finance minister P Chidambaram in the Patiala House Court for his alleged involvement in Aircel-Maxis case.

According to reports, this is the second charge sheet being filed by ED in the Aircel Maxis Case. The ED has listed a total of nine people including P Chidambaram as an accused in the charge sheet. In addition to P Chidambaram, Karti’s chartered accountant Bhaskaraman and V Srinivasan, the former CEO of Aircel .

Reportedly, the charge sheet mentions about illegal FIPB approval given by Chidambaram to M/S Global Communication Holding Services Ltd for investments in Aircel.

The Aircel-Maxis deal emerged during CBI’s probe into 2G spectrum case which subsequently lead to revealing that how Congress leader, P Chidambaram, who was the finance minister in 2006, granted a Foreign Investment Promotion Board (FIPB) approval to a foreign firm when only the Cabinet Committee on Economic Affairs (CCEA) was empowered to do it.

- Advertisement - - Article resumes -

ED has alleged that in return for the approval, a payment of Rs 26 lakhs was made by Aircel Televentures Ltd to ASCPL, allegedly linked to Karti Chidambaram.

The court has fixed November 26 as the date for consideration of the charge sheet.

The CBI had earlier named P Chidambaram, his son Karti and 16 others in relation to suspected criminal misconduct related to approvals of investment deals. The CBI had also accused the former Finance Minister as ‘willful lawbreaker’ in its charge sheet filed in July.

The ED has also been probing the involvement of Chidambaram in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore. Recently, the ED had attached several of Karti Chidambaram’s properties in India and aboard. The total value of the attached assets was reportedly about Rs 54 crores.


Share This Post and Support:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

NDTV suspends Deputy News Editor for celebrating Pulwama terror attack, may take further action

NDTV Deputy News Editor Nidhi Sethi suspended by the channel for her Facebook comment celebrating the Pulwama attack

Dear Gujarat Samachar editor, how do you live with yourself?

Gujarati daily's insensitive headline over Pulwama attack has got readers upset

Pakistan funded Islamic terrorist blows up 300 kgs of IED, actor brings ‘Hindu right wing’ argument to shield Pakistan

Jaaved Jaaferi refuses to hold Pakistan accountable for the attack, instead equates Hindus with Jaish Terrorists.

Congress IT Cell head shares NDTV’s half truth to discredit Vande Bharat Express, insensitively drags Pulwama terror attack

In a rush to discredit the success of India's fastest train 'Vande Bharat Express', Congress' Divya Spandana not only resorted to propagating fake news but also went on to pass some insensitive statements regarding the recent Pulwama terror attack

Congress supporting abusive troll claims Pulwama was an inside job by India

Sanjukta Basu is a very vocal Modi-hater and a bigot masquerading as a liberal feminist.

Delhi’s education minister deletes tweet after being educated about electricity supply to Pakistan by Adani

Sisodia, without apologising or issuing a clarification, chose to quietly delete the tweet after being called out

27 Revolutionary Guards killed by Pakistan supported terrorists: Iranian general warns Pakistan to act or face consequences

With Iran threatening retaliation after Prime Minister Narendra Modi assured Indians that there will be consequences, the signs appear to be ominous for Pakistan.

Assam: Assistant Professor at Icon Commerce College, Guwahati, suspended over objectionable Facebook post on Pulwama terror attack

Assam Police too has taken cognizance of a tweet that reported an objectionable post by Papri Banerjee who is an Assistant Professor of English at Icon Commerce College, Guwahati, Assam.
Congress mouthpiece National Herald whitewashes Pulwama terrorist Adil Ahmed Dar

More stories about terrorist and his family than martyrs – what does it tell about the media?

The English language Indian media has focused more on ‘human stories’ about the terrorist than about the Pulwama martyrs.

Navjot Sidhu sacked from Kapil Sharma Show after his shameful comments on Pulwama attack

Sidhu's non-stop praising of Pakistan and his going out of the way to hug General Bajwa during his visit in November was even criticised by his own Chief Minister, Captain Amarinder Singh. 

Latest articles

Connect with us

136,831FansLike
109,683FollowersFollow
22,935SubscribersSubscribe

Don't miss these