December 19, 2025 08:41 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Horror in Bangladesh: Hindu man lynched and set on fire amid violent protests | Bangladesh in flames: Student leader Sharif Osman Hadi's death triggers massive protests, media offices torched | Chaos in Dhaka! Protesters assault New Age Editor, burn down newspaper offices amid deadly unrest | After campus shootings, Trump suspends green card lottery programme | ‘Worst is over,’ says IndiGo CEO after flight chaos; staff told to ignore speculation | Chaos at Hyderabad's Lulu Mall! Nidhhi Agerwal swarmed by fans, police register case | TCS bets big on AI, shares spike as company reveals ambitious plan | Delhi goes into emergency mode! Work from home, vehicle bans as AQI hits ‘severe’ | Massive fire guts shanties near Eco Park in Kolkata; no casualties | Indian Visa Application Centre in Dhaka shuts down early amid rising security concerns

Enforcement Directorate summons K Chidambaram in Aircel-Maxis case

| | Jul 05, 2016, at 06:56 pm
New Delhi, July 5 (IBNS): The Enforcement Directorate (ED) on Tuesday summoned Karti Chidambaran, son of former Union minister P Chidambaram, over his alleged role in the Aircel-Maxis case.
The ED is looking if Chidambaram's firm was involved in the alleged transactions.
 
According to records, C Sivashankaran, the then owner of Aircel was forced to sell his company to T Ananda Krishnan, a Malaysian tycoon, by former Telecom Minister Dayanidhi Maran.
 
CBI launched an investigation and reported that returning the favour, nearly 47 crore was invested by Maxis in Sun Group, owned by Maran's brother Kalnithi.
 
As the deal was executed, Chidambaram's firm allegedly received a sum of money for facilitating the process.
 
The sale of Aircel was cleared by the Finance Ministry, which was then headed by P Chidambaram.
 
Responding to the summons, Karti has said that it will take some time for him to gather all the documents the ED wants him to show.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.