The CBI (Central Board of Investigation) has informed a court in Delhi that it has secured the necessary sanction to go ahead and prosecute P Chidambaram in reference to the Aircel-Maxis case, as reported by Economic Times (ET).
“The competent authority in the Central Government has accorded sanction for prosecution of accused P Chidambaram under section 197 of CrPC and section 19 of Prevention of Corruption Act, 1988 (as amended in 2018) and the same is being filed herewith,” the application stated.
Additionally, India’s premier investigative agency, CBI also told the court that it has gathered enough evidence to prove that certain bank accounts located overseas were closed by the father-son duo, Chidambaram and his son Karti Chidambaram.
However, on CBI’s request, the court has extended the protection from arrest granted to them till 18 December. The agency is in the process of obtaining sanction to prosecute five more persons related to the case.
A former finance minister in the UPA government and a senior Congress leader, Chidamabaram, is alleged to have abused his office and approved a foreign investment deal to the tune of Rs. 3,500 crores which bypassed the Cabinet Committee on Economic Affairs, headed by the then prime minister, Manmohan Singh.
This approval is said to have benefited Karti Chidambaram’s firms, which are alleged to have received Rs. 26 lakh as kickbacks.