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New Delhi:

Court to Hear Chidambaram’s Anticipatory Bail Plea Today in Aircel-Maxis Case

Delhi’s Patiala House Court will on Tuesday continue hearing the anticipatory bail plea of former finance minister P Chidambaram and his son Karti Chidambaram in connection with the Aircel-Maxis money laundering case.

The former finance minister was given protection from arrest by the Enforcement Directorate till July 10 by the Court.

Earlier, Chidambaram had appeared before the Central Bureau of Investigation (CBI) in the case.

The Aircel-Maxis deal case, which emerged out of 2G spectrum cases, pertains to a grant by the Foreign Investment Promotion Board (FIPB) to firm M/S Global Communication Holding Services Ltd for investment in Aircel.

The ED had earlier said that the FIPB approval granted in 2006 by Chidambaram was beyond his mandate as he was only authorised to accord approval on project proposals up to Rs 600 crore.

P. Chidambaram’s son Karti was arrested on February 28 at the Chennai airport upon his return from the United Kingdom, for his alleged role in the case. Currently, Karti is on bail too.

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