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Aircel-Maxis case: Delhi court extends interim protection to P Chidambaram, son Karti till Oct 8

Aircel-Maxis case: Delhi court extends interim protection to P Chidambaram, son Karti till Oct 8

India Blooms News Service | @indiablooms | 07 Aug 2018, 05:59 am

New Delhi, Aug 7 (IBNS): A Delhi court on Tuesday extended the interim protection granted to former Union Finance Minister P Chidambaram and his son Karti, who are accused in the Aircel-Maxis case, till Oct 8, media reports said.

Special Central Bureau of Investigation (CBI) judge O P Saini extended the relief after the counsel appearing for the agencies told the court that its main counsel is not present and thus requested time.

Last month, the CBI had charged P Chidambaram and Karti in connection with the case.

Along with Chidambaram and his son, 16 other people were named in the chargesheet.

In the chargesheet, the investigating agency said that the two sets of money trails have been discovered regarding the clearance of Foreign Investment Promotion Board.

The CBI said two illegal payments were given to Karti's firms, Chess Management and Advantage Strategic, during the Aircel-Maxis deal.

The CBI has alleged that Maxis had paid Rs. 3,200 cr to take over Aircel while then Union FM Chidambaram had powers to clear only Rs. 600 cr.

However, in the file, it was shown that only Rs. 180 cr was cleared.

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