P. Chidambaram. (File Photo: IANS)

ED questions Chidambaram in Aircel-Maxis case

Court extended interim protection to former Union Minister P. Chidambaram from arrest till July 10 in the Aircel-Maxis deal case … reports Asian Lite News.

P. Chidambaram. (File Photo: IANS)

The Enforcement Directorate (ED) on Tuesday questioned former Finance Minister P. Chidambaram here in a probe into the FIPB’s approval to the Aircel-Maxis deals.

Chidambaram appeared at the ED’s office around 11 a.m. — within an hour after a city court extended the interim protection to him from arrest till July 10 in connection with the case after directing him to join the probe whenever required.

It was the first time when the senior Congress leader joined the probe in the case.

The questioning is part of ED investigation in a money laundering case registered in 2017 against Chidambaram’s son Karti Chidambaram in the Aircel-Maxis case.

Earlier, the court had allowed interim protection to Karti Chidambaram till July 10.

The Central Bureau of Investigation and the ED are investigating how Karti Chidambaram allegedly managed to get a clearance from the Foreign Investment Promotion Board (FIPB) in the Aircel-Maxis deal when his father was the Union Finance Minister in 2006.

The ED, in September 2017, had attached Rs 1.16 crore worth of assets of Karti Chidambaram, who is being probed for allegedly receiving kickbacks in lieu of the FIPB clearance.

Previous Story

Trump, May talk on trade, Iran, G7 summit

Next Story

Kovind, Naidu, Modi urge people to beat plastic pollution

Latest from -Top News

Trump Ends Syria Sanctions

Syria has been designated a State Sponsor of Terrorism by the United States since December 1979…reports Asian Lite News US President Donald

UAE credit soars to the top

S&P Global, Moody’s Investors Service, and Fitch Ratings — have all assigned strong sovereign credit ratings to the UAE In a strong

Khamenei rebukes Trump

Khamenei said Iran had triumphed over the US and downplayed the impact of the strikes on the country’s nuclear infrastructure Iran’s Supreme