The Aircel-Maxis (A-M) case is now tightening. After finding former Finance Minister P Chidambaram’s illegalities, the Central Bureau of Investigation (CBI) has now summoned son Karti to appear before it on Thursday. Just like the INX media case, Karti’s companies had pocketed around two lakh dollars ($200,000) from three subsidiaries of Malaysian company Maxis for Chidambaram’s illegal clearance given by the Foreign Investment Promotion Board (FIPB).
The latest development of summoning son Karti is an indication that CBI is going to file a charge sheet in Aircel-Maxis case, as assured to the Supreme Court.
The Aircel- Maxis illegalities of Chidambaram came to limelight after BJP leader Subramanian Swamy in April 2012 exposed the frauds and money trail to Karti linked companies. First, it was found that Rs.26 lakhs money trail to Karti linked company Advantage Strategic Consulting. Swamy approached the Supreme Court alleging that CBI is limiting the case up to former Telecom Minister Dayanidhi Maran and the actual culprit was Chidambaram in granting Maxis illegally to take over Aircel in 2006.
Later on in 2015, the Enforcement Directorate (ED) and Income Tax (IT) Dept. in the joint raid found that Karti linked companies received around two lakh dollars from Maxis subsidiaries for getting father Chidambaram’s illegal FIPB clearance.
The latest development of summoning son Karti is an indication that CBI is going to file a charge sheet in Aircel-Maxis case, as assured to the Supreme Court. In the Aircel- Maxis case, Chidambaram was accused by the CBI of violating the norms of FIPB clearance. The value of the FIPB deal was more than Rs.3600 crores and it was mandated to be ratified by Cabinet Committee on Economic Affairs (CCEA). As per the norms, the foreign investment above Rs.600 crores has to be vetted by CCEA. But as FIPB meeting chaired by Chidambaram did not send the Aircel-Maxis filed to CCEA.
Though Chidambaram was questioned by CBI in December 2014, the agency did not file a charge sheet. The petitioner Subramanian Swamy has accused CBI of delaying the case and probing only former Telecom Minister Dayanidhi Maran’s role in the case. Later in April 2017, CBI told the apex court that they are probing Chidambaram’s role and finish the probe soon.
Nagar , please think before u make false allegations. In the last 3 years there is no major corruption case.
Who is not corrupt in politics?If we have to start to arrest the corrupt politicians,we have to start from barwaitress Sonia ,Lallu,mayavathi,Jagan,chandrababu,and go on to corporator level.can the govt afford it? Arresting won’t be easy but govt should take firm steps which give no scope to the politicians to loot.Buerocrats should be given freehand while taking good decisions with good intentions
sir,
http://www.thehindu.com/news/national/karti-refuses-to-appear-before-cbi-in-aircel-maxis-case/article19684158.ece?homepage=true
does the hindu article in the above link and the one above are same?If so they are they are in conflict..can some body explain..
Regards
N Thangadurai
Please put Chidu in jail first and then interrogate just like he did for Sadvi Pragya and Col Purohit
That is unlikely to happen in this CORRUPT MODI GOVERNMENT.
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Modi Government is not interested in fighting corruption but only in targeting those who can pose a ‘political challenge’ to their mission-2019.
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A Govt which bestows a national award on Sharad Pawar can not be expected to fight corruption.