Aircel-Maxis case: Chidambaram also under ED scanner along with Karti

Aircel-Maxis case ED found nothing in raids says Chidambaram

The Enforcement Directorate on Saturday began raids at Karti Chidambaram's premises in Delhi and Chennai over the Aircel-Maxis case, according to media reports. The raids on senior Congress leader P. Chidambaram's son Karti's properties in Delhi and Chennai were carried out in connection with the INX Media money laundering case.

P Chidambaram termed the raids against his son "a comedy of errors" and claimed the officers were left "embarrassed" and "apologetic" as they could not find anything at his house. "The main ground in the case is that there is no FIR in respect of a scheduled crime registered by any police agency including the CBI", said Chidambaram. Nothing was recovered from Karti's house during the raid.

The former finance minister said that the ED officials searched the place "including the kitchen and the bathroom and obviously they found nothing".

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He has been asked to appear by the agency on January 16 in this case.

The CBI had filed the FIR against Karti Chidambaram and the Mukerjeas on charges of criminal conspiracy, cheating, receiving illegal gratification, influencing public servants and criminal misconduct. "If the government or its agencies can tell we have these properties, we will execute decrees in their favour and the government can take their possession", Karti Chidambaram told a bench headed by Chief Justice Dipak Misra.

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.

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Following the FIPB clearance, INX Media said it had received Foreign Direct Investment (FDI) of Rs 46.20 million, but actually received Rs 3,053.60 million between August 2007 and May 2008, the ED said.

The agency said FIPB approval in the Aircel-Maxis FDI case was granted in March, 2006 by the then FM even though he was competent to accord approval on project proposals only up to Rs 600 crore.

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