On Monday, the Central Bureau of Investigation told the Supreme Court that it is probing all possible angles of allegations that the former finance minister P Chidambaram had illegally given clearance to the Malaysian firm Maxis to buy 100 per cent of Aircel.
New Delhi, Feb 3: The CBI and ED will challenge the order that discharged the Maran brothers in the Aircel-Maxis case. The Patiala House court in Delhi had discharged Dayanidhi and Kalainithi Maran in both cases that were probed by the Central Bureau of Investigation and the Enforcement Directorate.
Arguing against the discharge in the Supreme Court, the counsel for the agencies said that the special court had erred in not ordering the discharged accused to furnish bail bonds. It is my duty to file the appeal, the prosecutor also submitted in the court. Further the counsel also urged the Supreme Court not to release the properties of the accused attached in connection with this case.
New Delhi, Jan 7: The Supreme Court on Friday said that it would look into the role played by former finance minister P Chidambaram in the Aircel-Maxis deal. The court which had taken exception to the non-appearance by the owner of the Malaysian firm Axis said that it would deal with one issue at a time.
During the course of the arguments, BJP’s MP in the Rajya Sabha Subramanian Swamy, had asked the court to look into the role played by Chidambaram. He told the court that an illegality had been committed by the former finance minister in granting the FIBP clearance to the Aircel-Maxis deal.
The framing of charges against former telecom minister Dayanidhi Maran was put on hold after he challenged the same. The court heard at length arguments on whether the the CBI had made out a case to frame charges or not.
Enforcement Directorate and the Income Tax Department on Tuesday, Dec 1, furthered investigation against Karthi Chidambaram, son of former union minister P Chidambaram. Raids were conducted on firms linked to Karthi by sleuths of the Enforcement Directorate and the IT department in connection with the Aircel-Maxis scam. The raids come a few months after the ED had summoned two directors of a company owned Karti Chidambaram. They were questioned about an alleged financial transaction between the company owned by Karti and Aircel. The deal was allegedly made just before the company was given an approval from the foreign investment promotion board.