Diabytes
Aircel-Maxis News
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Investigative agencies Central Burau of Investigation (CBI) and Enforcement Directorate (ED), probing the matter, have time and again objected to Chidambarams getting protection from arrest, stating that it is becoming increasingly difficult for the agencies to interrogate the latter.
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Central Burau of Investigation and Enforcement Directorate, probing the matter, have time and again objected to Chidambarams getting protection from arrest, stating that it is becoming increasingly difficult for the agencies to interrogate the latter.
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Chidambaram, then Union finance minister, allegedly gave FIPB approval in the Aircel-Maxis FDI in March 2006 even though he was empowered to accord approval on project proposals only up to Rs 600 crore.
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The case relates to alleged irregularities in grant of Foreign Investment Promotion Board (FIPB) approval in the Aircel-Maxis deal.
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The CBI is probing how Chidambaram granted a FIPB approval to a foreign firm, when only the CCEA was empowered to do it.
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Earlier it was scheduled for March 8.
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It is alleged that FIPB approval in the Aircel-Maxis FDI case was granted in March 2006 by Chidambaram.
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It is alleged that FIPB approval in the Aircel-Maxis FDI case was granted in March 2006 by Chidambaram.
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The senior Congress leader's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
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The senior Congress leader's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
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Chidambaram's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
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The Patiala Court on Monday extended the interim protection from arrest granted to former Union Minister P Chidambaram and his son Karti Chidambaram in the Aircel Maxis case corruption case till November 26.
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Last week, the Delhi court granted seven weeks to the CBI to obtain sanction to prosecute former Union minister P Chidambaram and other serving or former public servants in the Aircel-Maxis deal case.
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The agency had on July 19 filed a charge sheet against the Congress leader, his son Karti, ten individuals including public servants and six companies as accused in the case.
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The court had on April 16 granted interim relief to Karti after considering that both the investigative agencies had sought time to file their responses on his anticipatory bail plea.
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In a relief for Karti Chidambaram, a city court on Saturday granted him protection from arrest till April 16 in the Aircel-Maxis matter arising out of the 2G spectrum cases lodged by the CBI and ED.
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Special Judge O P Saini reserved the order for later in the day after hearing a battery of senior advocates appearing for Karti, son of former union minister P Chidambaram.
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Chidambaram's remarks comes a day after the Supreme Court asked the CBI to file status report on the probe being carried out on various aspects of the Aircel-Maxis deal.
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Supreme Court made it clear that T Ananda Krishnan, Ralph Marshall of Malaysia's Maxis Group against whom summons were issued in Aircel-Maxis case must appear.
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The Superme Court on Friday stayed transfer of 2G licence from Malaysia's Maxis which was originally alloted to Aircel to any other telecom company.
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