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P Chidambaram can’t be arrested till July 10, court orders

P Chidambaram

New Delhi: In a big relief to the former Finance Minister P Chidambaram, a Delhi court has extended his protection granted from arrest till July 10 in the Aircel-Maxis alleged money laundering case.

The Enforcement Directorate or ED has sought more time for filing a detailed reply in the case.

Court has fixed the matter for further hearing on July 10, the same date hearing against Karti Chidambaram in Aircel-Maxis case is scheduled.

The ED can, however, summon the Congress leader for questioning. He has already reached the probe agency’s office in Delhi today on an earlier summon.

The investigation agencies — Enforcement Directorate and CBI — are investigating Chidambaram’s role in Rs 3,500-crore Aircel-Maxis deal.

Chidambaram and his family’s role has been under the scanner of the investigating agencies as during his tenure as Finance Minister in the UPA-1 regime, FIPB clearance was granted to the two ventures in which alleged irregularities have been found.

The case against Karti Chidambaram relates to the Foreign Investment Promotion Board (FIPB) approval granted in 2006 by his father. The Supreme Court had on March 12 directed investigating agencies, the CBI and the ED, to complete their probe into the 2G spectrum allocation cases, including the Aircel-Maxis alleged money laundering case, in six months.

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