Chidambaram
New Delhi: A Delhi court on Thursday extended till 1 August the interim protection from arrest granted to former Union Minister P Chidambaram and his son Karti in the Aircel-Maxis cases by the CBI and the ED.

 

Special Judge OP Saini extended the protection after the Enforcement Directorate (ED) sought three-weeks’ time to argue on their anticipatory bail plea, at which the lawyers appearing for Chidambaram’s requested for extension of interim protection granted to them earlier.

The agency said that its special director had gone to Singapore and it was to be seen if there would be any further development. The ED said they had the details of the bank accounts which they were probing.

The case relates to alleged irregularities in grant of Foreign Investment Promotion Board (FIPB) approval in the Aircel-Maxis deal.

In its prosecution complaint, equivalent to the charge sheet, the ED had complained that Karti controlled two companies that allegedly received Rs 1.16 crore as bribe money in the case.

P Chidambaram, who had been quizzed last year by the CBI and the ED in the INX media and the Aircel-Maxis money laundering cases, is mentioned in the charge sheet, too.

The ED probe report had said the payments of Rs 26 lakh to Advantage Strategic Consultancies Private Limited (ASCPL) and Rs 90 lakh to Chess Management Services Pvt Limited (CMSPL) respectively were made as alleged bribe money by parent company of Aircel Ltd, namely Aircel Televentures Ltd (ATVL) and Maxis and its associate Malaysian companies respectively.

The probe agency may file supplementary charge sheets in the case, apparently keeps open the chances of arraying more persons as accused.

Apart from Karti, the agency has also named ASCPL and its directors Padma Bhaskararamana and Ravi Viswanathan, and CMSPL and its director Annamalai Palaniappan in the charge sheet under section 4 of the Prevention of Money Laundering Act (PMLA).

The ED had registered the case under the sections of PMLA on 7 February 2012 on basis of an FIR registered by the CBI.