Aircel-Maxis deal case: ED chargesheets Karti Chidambaram; Delhi court to hear matter on 4 July

The Central Bureau of Investigation and the ED are investigating Karti Chidambaram's alleged role in getting Foreign Investment Promotion Board clearance in the Aircel-Maxis deal when his father P. Chidambaram was the Union Finance Minister in 2006

Indo-Asian News Service June 13, 2018 16:18:28 IST
Aircel-Maxis deal case: ED chargesheets Karti Chidambaram; Delhi court to hear matter on 4 July

New Delhi: The Enforcement Directorate (ED) on Wednesday filed a chargesheet against former Finance Minister P. Chidambaram's son Karti P. Chidambaram in the Aircel-Maxis deal.

AircelMaxis deal case ED chargesheets Karti Chidambaram Delhi court to hear matter on 4 July

File image of Karti Chidambaram. PTI

The chargesheet was filed before a Delhi court which has listed the matter for further hearing on 4 July.

The probe agency has charged Karti Chidambaram under the Prevention of Money Laundering Act (PMLA) 2002.

On 2 May, a special court here extended till 10 July the interim protection against arrest granted to him in the Aircel-Maxis deal case.

The Central Bureau of Investigation and the ED are investigating Karti Chidambaram's alleged role in getting Foreign Investment Promotion Board clearance in the Aircel-Maxis deal when his father P. Chidambaram was the Union Finance Minister in 2006.

Karti is also an accused in the INX Media case wherein he has been charged with receiving irregular FIPB clearance for investments up to Rs 305 crore.

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