Aircel-Maxis deal case: CBI grants permission to prosecute P Chidambaram

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The CBI on November 26 has informed the Patiala House Court that it has procured the requisite sanction from the concerned authority to prosecute former Union Minister P Chidambaram in the Aircel-Maxis deal case.

Solicitor General Tushar Mehta appeared for the CBI and the Enforcement Directorate (ED) and submitted that requisite sanction from the competent authority has been received to prosecute Chidambaram in the matter.

Special Judge O.P. Saini however, extended till December 18 the interim protection granted to former union minister and his son Karti from arrest.

The CBI said it needed two weeks to get sanction against other accused in the case.

The CBI and the ED are probing how Karti Chidambaram allegedly managed to get the Foreign Investment Promotion Board approval in the Aircel-Maxis deal in 2006 when Chidambaram was the Union Finance Minister.

Chidambaram reportedly approved the foreign investment proposal of Global Communication and Services Holdings Ltd worth Rs 3560 crore approximately.