This Article is From Mar 23, 2022

P Chidambaram, Son Karti Get Regular Bail In Aircel Maxis Cases

Earlier, the court had directed the agencies to file a status report in the Aircel-Maxis case against P Chidambaram and his son.

P Chidambaram, Son Karti Get Regular Bail In Aircel Maxis Cases

The court accepted bail bonds in both cases and granted regular bail to P Chidambaram and his son. (File)

New Delhi:

A Delhi Court on Wednesday granted regular bail to former union minister P Chidambaram and his son Karti in corruption and money laundering cases filed by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) respectively in relation to the Aircel-Maxis deal.

The court, which had earlier granted anticipatory bail to both the accused in the matter, accepted the bail bonds of Rs one lakh each in both the cases and granted regular bail.

The accused had moved application through their lawyer Arshdeep Singh, seeking relief after they appeared before the court in pursuance of summons issued against them after it took cognizance of the charge sheets filed by the probe agencies in the matter.

Earlier, the court had directed the agencies to file a status report in the Aircel-Maxis case which was adjourned sine die.

The case relates to alleged irregularities in the grant of Foreign Investment Promotion Board approval in the Aircel-Maxis deal.

The approval was granted in 2006 when Mr Chidambaram was the Finance Minister.

The CBI and the ED had alleged that Mr Chidambaram, as finance minister, had granted approval to the deal beyond his capacity benefiting certain persons and received kickbacks.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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