ED opposes Chidambaram’s anticipatory bail in Aircel-Maxis case

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The Enforcement Directorate (ED) on July 10, while opposing former finance minister P Chidambaram’s anticipatory bail in the Aircel-Maxis money laundering case has filed a detailed reply.

“It is submitted that in the investigation conducted so far a strong prima facie case has emerged showing the involvement of the applicant in violation of larger conspiracy is unfolding,” said the agency in their statement

“P Chidambaram is evasive in his replies to why the total foreign inflow to the tune of US $ 800 million was approved by him on March 13, 2016, deliberately and intentionally without raising any objection,” said the statement.

Earlier today, Delhi’s Patiala House Court had extended interim protection granted to P Chidambaram and his son Karti Chidambaram till August 7.

The Aircel-Maxis deal case, which emerged out of 2G spectrum cases, pertains to a grant by the Foreign Investment Promotion Board (FIPB) to firm M/S Global Communication Holding Services Ltd for investment in Aircel.