New Delhi, Jun 13 (UNI) Directorate of Enforcement today after investigation filed a charge sheet against Karti Chidambaram and four others in Delhi Patiala House Court in Aircel Maxis Money Laundering Case.
Directorate of Enforcement has not named Former Finance Minister P Chidambaram as an accused in the chargesheet but his name appears at several places. Directorate of Enforcement submitted that a supplementary chargesheet may be filed in the case.
Directorate of Enforcement has submitted that Karti Chidambaram controlled “each and every aspect” of Advantage Strategic Consulting Private Limited, which received Rs 26 lakh as alleged bribe.
Directorate of Enforcement has submitted through chargesheet that ASCPL “received” about Rs 26 lakh from Aircel Televenture Ltd, the Indian company that sold its shares to Maxis Communications and ASCPL was set up at Karti Chidambaram’s directions and he had arranged the funds to set up the company.
ED has submitted that Maxis had “invested $800 million (Rs 3,565.91 crore) as Foreign Direct Investment.” “The authority of finance minister to give approval for FDI was limited to Rs 600 crore at the relevant time and the Cabinet Committee of Economic Affairs was the competent authority for FDI proposals of over Rs 600 crore.”
CMSPL the other firm which was listed as an accused which was “a company promoted by Karti which received Rs 90 lakh from Maxis and its associate Malaysian companies allegedly for software services.”
Special Court has given interim protection from arrest to Karti Chidambaram in the month of May till July 10 in two cases filed by the Central Bureau of Investigation and the Enforcement Directorate in connection with the Aircel Maxis case.
It is alleged that the Aircel Maxis case involves the clearances granted by the Foreign Investment Promotion Board to the firm Global Communication Holding Services Ltd for investment in Aircel in 2006 and P.Chidambaram was the Finance Minister at the time. Chidambaram’s son allegedly facilitated bribes in the case.
Additional Sessions Judge Ruby Alka Gupta today after hearing the submission on behalf of the Directorate of Enforcement adjourned the matter for consideration on the charge sheet on July 4.
UNI XC SY 2220