Aircel-Maxis case: ED, CBI seek more time to complete probe

Gallery

MORE...

Sports

India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification

India Open Competition in Shotgun, organised by the National Rifle Association of India (N

Hockey India names Amir Ali-led 20-man team for Junior Asia Cup

Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award

World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17

U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals

FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup

MORE...

Aircel-Maxis case: ED, CBI seek more time to complete probe

Last Updated : 20 Feb 2020 11:39:56 AM IST

Former union Minister P. Chidambaram (file photo)

A Delhi court on Thursday adjourned till May 4 the arguments on cognizance of charge sheet in Aircel-Maxis case, after the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) sought more time to complete the investigation against former Union Minister P. Chidambaram and his son.

On February 14, both the investigating agencies had submitted a status report before the court. The case was last year adjourned sine die but was revived later.

During the course of proceedings on Thursday, the ED told the court that Letter Rogatories (LRs) have been sent to four different countries and their responses are awaited.

"Investigation is yet to be conducted, so arguments of cognizance can be deferred," Additional Solicitor General Sanjay Jain told the Special CBI Judge Ajay Kumar Kuhar.

Observing that the status reports appear to be "voluminous", the judge adjourned the matter for May 4.

The case relates to alleged irregularities in the grant of Foreign Investment Promotion Board approval in the Aircel-Maxis deal. The approval was granted in 2006 when P. Chidambaram was the Union Finance Minister.

According to rules and the foreign direct investment policy in force at that time, Chidambaram was allegedly empowered to give approval to proposals involving foreign investment only up to Rs 600 crore.