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Aircel Maxis Case: Delhi Court extends interim protection of P Chidambaram till November 26

News Nation Bureau | Edited By : Srishty Choudhury | Updated on: 01 Nov 2018, 10:13:54 AM
Aircel Maxis Case: Delhi Court extends interim protection of P Chidambaram till November 26

New Delhi:

The Patiala House Court in Delhi extended the interim protection of former finance minister P Chidambaram till 26 November in connection with the Aircel Maxis case on Thursday. The next date of hearing is November 26. 

The Enforcement Directorate had on October 25 filed a supplementary chargesheet in the Delhi court against P Chidambaram and eight others in the Rs 3,500-crore Aircel Maxis money laundering case. The court had fixed November 26 as the date for consideration of the chargesheet, according to news agency ANI.  In July, the CBI had chargesheeted Chidambaram in the Aircel-Maxis case. The agency has named nine accused in the case including Chidambaram, S Bhaskaraman and four Maxis companies.

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The CBI chargesheet claimed that two illegal payments of Rs 26 lakh and Rs 87 lakh were paid to Chess Management and Advantage Strategic during the Aircel Maxis deal for the FIPB clearance when P Chidamabarm was the finance minister, according to a report in the Economic Times.

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The Central Bureau of Investigation and the Enforcement Directorate have been investigating case, which involves the foreign investment clearance granted in 2006 for the Aircel-Maxis deal. According to the CBI, Mauritius-based Global Communication Services Holdings -- a subsidiary of Maxis -- sought approval for an investment of 800 million dollars in Aircel.

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First Published : 01 Nov 2018, 10:00:08 AM