Aircel Maxis case: Court grants regular bail to P Chidambaram, his son Karti
India Today
A Delhi Court has granted regular bail to Congress leader and former union minister P Chidambaram and his son Karti in the Aircel Maxis case.
A Delhi Court on Wednesday granted regular bail to former union minister P Chidambaram and his son Karti Chidambaram in corruption and money laundering cases, in relation to the Aircel Maxis deal.
The Rouse Avenue court had earlier granted anticipatory bail to both the accused in the case. The court accepted the bail bonds of Rs one lakh each in both cases filed by the CBI and ED respectively.
Earlier, the court had directed the agencies to file a status report in the Aircel Maxis case which was adjourned sine die.
The case, which is being probed by the CBI and ED, relates to alleged irregularities in the grant of Foreign Investment Promotion Board (FIPB) approval in the Aircel Maxis deal.
The FIPB approval was allegedly granted in 2006 when P Chidambaram was the Union finance minister.
The chargesheet was filed in 2018 against P Chidambaram and former finance ministry officials. The case was then stalled due to a delay in obtaining sanctions for prosecution of all the named accused.
ALSO READ | Chidambaram is accused No 1 in Aircel Maxis case
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