Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » India
1-min read

CBI Gets Nod to Prosecute Chidambaram in Aircel-Maxis Case, But Can't Arrest Him Till December 18

The CBI is probing alleged irregularities in grant of FIPB approval in Aircel-Maxis deal, while the ED is probing alleged money-laundering related to the deal.

News18.com

Updated:November 26, 2018, 7:29 PM IST
facebookTwitterskypewhatsapp
Loading...

New Delhi: The CBI on Monday informed a Delhi court that it has procured the requisite sanction from the authorities concerned to prosecute former Union minister P Chidambaram in the Aircel-Maxis case.

The court, however, extended till December 18 the protection granted to Chidambaram and his son Karti from arrest after the Central Bureau of Investigation (CBI) said it needed two weeks to get sanction against other accused in the case.

The CBI is probing alleged irregularities in grant of FIPB approval in Aircel-Maxis deal, while the ED is probing alleged money-laundering related to the deal.

The ED, in September, had attached Rs 1.16 crore worth of assets of Karti, who is being probed for allegedly receiving kickbacks in lieu of Foreign Investment Promotion Board (FIPB) clearance in the Aircel Maxis deal when his father was the Union Finance Minister.

The FIPB approval was supposed to go to the Cabinet Committee of Economic Affairs but Chidambaram allegedly approved it on his own and the amount for FIPB clearance was wrongly projected to conceal facts.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Nitya Thirumalai
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results