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Delhi court grants anticipatory bail to P Chidambaram in Aircel-Maxis case

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On Monday, Former union minister P Chidambaram was granted protection from arrest till August 7 by Patiala House Court in Delhi. This grant has been offered to P Chidambaram regarding the Aircel-Maxis deal case.

As per our news sources, P Chidambaram on Monday filed a plea regarding anticipatory bail against the Aircel-Maxis deal case which was being investigated by the CBI. Regarding the case, CBI found him guilty and filed a charge sheet against him for which P Chidambaram filed a plea in the court.

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Besides this, P Chidambaram has also requested the court to provide him anticipatory bail in the INX Media case, in which he has been chargesheeted as well.

Apart from this, a news has also come up that on Monday, the Supreme Court has permitted Chidambaram’s son Karti, to travel foreign countries from July 23 to July 31 in order to meet some of his business requirements. Chidambaram’s son Karti was earlier arrested on 28th of Feb 2018 as he was for alleged for taking money to facilitate Foreign Investment Promotion Board (FIPB) clearance to INX Media. Though Karti’s alleged role regarding the Aircel-Maxis deal has been investigated by the CBI and the ED, as of now the supreme court has granted him bail and he is out at present.

Regarding the Aircel-Maxis deal, apart from  Karti Chidambaram, there are  16 others who have been named up in the CBI charge sheet and some of them are even retired government officials.

The case came up in the news when Global Communication Services Holdings which is a Mauritius based firm and a subdivision of Maxi got approval for an investment of 800 million dollars in telecom carrier Aircel. The approval for the same came up from the Finance Ministry which has the power to approve the investments up to Rs 600 crore and in this case, the amount being above the maximum limit made the actions taken by  P Chidambaram illegal and resulted in filing a case against him and several others involved.

Regarding the INX Media case, Karti Chidambaram has been alleged that when he was the Finance Minister in the United Progressive Alliance (UPA) government, he took money in order to facilitate FIPB clearance to INX Media in 2007  and is being invested for the same.

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