Aircel-Maxis deal: Nobody, however powerful he is, will be spared, says Arun Jaitley

Making a strongly-worded statement in the Lok Sabha on Wednesday, Union Finance Minister Arun Jaitley refuted allegations that the government is going slow on the Aircel-Maxis case probe. The minister also made it clear that their treatment of the case was not impacted by the stand of the previous government at the Centre.

"We are not influenced by UPA's stand on the Aircel-Maxis case," Jaitley said in the Lok Sabha while making a statement on Aircel-Maxis case.

"As result of a series of raids conducted by Enforcement Directorate and Income Tax Department, a lot of incriminating things have been seized," the minister said.

Finance Minister Arun Jaitley. AFP

Finance Minister Arun Jaitley. AFP

"Nobody, absolutely nobody, however powerful he is, will not be spared if found guilty," Jaitley said.

"CBI has already filed chargesheet in the matter, the Aircel-Maxis case will now proceed to trial," the finance minister said.

On Tuesday, Karti Chidambaram, allegations against whom led to the stalling of Parliament, said his business was fully compliant with all laws and regulations of the country and rejected charges of money laundering.

In a statement, he said, "One newspaper has made allegations against me, which have been adequately refuted in the past. Myself and my business are fully compliant with all laws and regulations."

The daily had alleged that he had built a "huge business empire for himself in different parts of the world and that this had come to light through documents recovered during raids by Enforcement Directorate and investigation wing of Income Tax in a scam case".

Later, Karti Chidambaram told reporters that "all my businesses are completely compliant. All filings are up to date. All statutory regulatory filings are completely upto date. That is all I have got to say," he said.

Both Houses of Parliament were adjourned on Tuesday following ruckus by AIADMK members who demanded action against Karti over the allegations.

In August last year, the Supreme Court stayed the proceedings before the adjudicating authority on the Enforcement Directorate's provisional order attaching Maran family owned Sun TV's assets worth Rs 742.6 crore in an alleged money laundering case rooted in controversial Aircel-Maxis deal.

A bench of then Chief Justice HL Dattu and Justice Amitava Roy excluded the operation of 180 days limit within which adjudicating authority has to decide on the ED's order attaching the assets, failing which the attachment order goes.

The court order came as senior counsel Anand Grover appearing for ED told the 2G bench that it has not only to stay the proceedings but has also exempt the stay from the rider of 180 days' time limit otherwise the attachment order would get frustrated.

With inputs from PTI

Updated Date: Mar 03, 2016 07:47 AM

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