Aircel – Maxis has filed an investigation report for the case

The Enforcement Department and the Central Bureau of Investigation (FIR) filed a case in Delhi court yesterday to probe the Aircel-Maxis case.

The Enforcement Department said the investigation is underway. Similarly, the CBI said it had sent a letter from Malaysia to the court seeking information on the case.

In 2006, Malaysia-based Maxis bought a 1% stake in Indian telecom firm Aircel. He alleged that the then finance minister PC Chidambaram had approved the deal worth Tk 3,000 crore in violation of FDI rules.

It is reported that P Chidambaram violated the condition that his son Karti should be given part in the agreement. Both P Chidambaram and Karti Chidambaram are out on bail. The investigation is ongoing.

On January 5, a Delhi court ordered the submission of an investigation report in the Aircel-Maxis case within two weeks. The Enforcement Department and the CBI filed a probe report yesterday. The next hearing will be on February 20.

Steve Austin

Steve is a really a Tech Geek sitting behind this blog with his awesome team, who are passionate about discovering new things online and writing about them. Get most of his Brian by following this blog.

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