ED and CBI probe standing report of court docket submitting in Aircel-Maxis case

by Jeremy Spirogis
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New Delhi : The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) on Friday filed a standing report of their investigation within the Aircel-Maxis case in a Delhi court docket. ED has mentioned that investigation continues to be occurring actively on this case. At the identical time, the CBI mentioned {that a} judicial request letter concerning the investigation has been despatched to Malaysia and it’s ready to get its reply from there.

The court docket resumed listening to within the Aircel-Maxis case on 31 January. <! –

                 Earlier, on September 5 final yr, the court docket postponed the listening to indefinitely, as repeated requests from each the investigating companies to postpone the listening to. The ED and the CBI are investigating into the case how their son Karti Chidambaram received the approval of the Foreign Investment Promotion Board for the Aircel-Maxis deal when Congress chief P Chidambaram was the nation's finance minister in 2006.

Investigative companies allege that P Chidambaram misused his rights and received the approvals and transactions had been carried out. The court docket additionally accepted the anticipatory bail utility of Chidambaram father-son on September 5. This approval has been challenged within the Delhi High Court, on which the court docket will hear on March 4. On January 28, the court docket took computerized cognizance and requested the 2 companies to file a report on the present standing of the investigation within the case.

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