ED Can’t Arrest Chidambaram Till June 5 In Aircel-Maxis Case :Delhi Spl Court

SENIOR Congress leaders and former Union Finance Minister P Chidambaram,72, on Wednesday  as the Special Court Judge O P Saini provided him protection from arrest in the Aircel Maxis money laundering case till June 5.Chidambaram through  Senior advocates Kapil Sibal and Abhishek Manu Singhvi  appearing for Chidambaram, urged the court to grant him the relief. The senior Congress leader moved his plea for anticipatory bail before Special Judge O P Saini, who directed Chidambaram to appear before the Enforcement Directorate (ED) on June 5 as already summoned by the agency. The court, which issued a notice to the ED seeking its reply by June 5, also directed the agency not to take any coercive action against Chidambaram in the matter till then. Kapil Sibal and Abhishek Manu Singhvi urged the court to grant him the relief considering the former minister has clean antecedents and deep roots in society.In his plea, Chidambaram said all the evidence in the matter appears to be documentary in nature which is already in the possession of the incumbent government and nothing was to be recovered from him. However, Special Public Prosecutor Nitesh Rana appearing for the ED had  opposed Chidambaram’s plea saying he did not join the investigation today, for which the ED had already issued summons. The court has already granted interim protection from arrest till July 10 to his son Karti Chidambaram in two cases filed by the CBI and ED in 2011 and 2012 in the Aircel-Maxis matter arising out of 2G spectrum cases. The relief was granted to Karti after the ED sought time to argue on his application seeking anticipatory bail. The matter pertains to grant of Foreign Investment Promotion Board (FIPB) clearance to firm M/S Global Communication Holding Services Ltd for investment in Aircel.Karti Chidambaram, son of Chidambaram, is currently under investigation by the Enforcement Directorate in the case, which is related to the approvals the Foreign Investment Promotion Board granted for the Aircel-Maxis deal in 2006. P Chidambaram was the finance minister then.Karti Chidambaram allegedly facilitated bribes in the Aircel-Maxis transaction. The investigative agency is looking into “the circumstances” in which P Chidambaram, in his capacity as the finance minister, had granted the Foreign Investment Promotion Board approvals.


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