Aircel-Maxis Case: Karti Chidambaram Moves SC Against CBI Summons P Chidambaram (right) with his son Karti Chidambaram.

Former finance minister P Chidambaram's son Karti Chidambaram on Wednesday moved the Supreme Court against the summons issued by the Central Bureau of Investigation (CBI) in connection with Aircel Maxis case.

On 27 September, the CBI had summoned Karti to appear before it on 4 October.

Earlier, the Enforcement Directorate (ED) had attached assets, bank accounts and fixed deposits worth Rs 90 lakh of Karti, in connection with the case.

During investigation, the ED found that Foreign Investment Promotion Board (FIPB) approval given by P Chidambaram in Aircel-Maxis deal was beyond his mandate.

The law enforcement agency, in its investigation, also found that the amount for the FIPB approval was wrongly projected to conceal the facts.

It also found that the company promoted by Karti and his cousin allegedly received two lakh dollars from Maxis Group in guise of software consultancy.

Earlier on 14 September, Karti denied to appear before the CBI in the case, stating that a special court had discharged all the accused and terminated the proceedings in the matter. The CBI, however, clarified that the investigation in the matter is still underway.

Karti wrote to the CBI, stating that as per the notice issued on 2 February 2017, the investigation agency does not have any jurisdiction to issue a summons to him.

The Aircel-Maxis deal refers to a series of allegations of kickbacks in the telecom sector, which was part of the wider 2G scam that engulfed the UPA regime.

In 2011, former Aircel head C Sivasankaran complained to the CBI that he was being forced by then telecom minister Dayanidhi Maran to sell Aircel to the Malaysia-based Maxis Communications group owned by T Ananda Krishnan.

Earlier in February, Dayanidhi Maran and the others accused in the Aircel-Maxis case were discharged by a special CBI court.

Senior Bharatiya Janata Party (BJP) leader Subramanian Swamy had alleged that in 2006 a company controlled by Karti received a five per cent share of Aircel to get part of Rs 4,000 crore, paid by Maxis for a 74 per cent stake in Aircel.

According to Swamy, P Chidambaram withheld the FIPB clearance till the five per cent was paid to Karti. (ANI)

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber