Aircel-Maxis case: ED files charge sheet against Karti Chidambaram
Besides Karti Chidambaram , the ED has also named four others as accused under Section 4 of the Prevention of Money Laundering Act, 2002, which prescribes imprisonment of at least three years
New Delhi: The enforcement directorate (ED) on Wednesday filed a charge sheet before a Delhi sessions court against Karti Chidambaram in the Aircel-Maxis money laundering case.
The charge sheet also names four others as accused under Section 4 of the Prevention of Money Laundering Act, 2002, which prescribes imprisonment of at least three years. The ED also referred to Karti’s father and senior Congress leader P. Chidambaram several times in the charge sheet, but he was not named as an accused.
The agency may file a supplementary charge sheet later. Additional sessions judge Ruby Alka Gupta will consider the charges against Karti on 4 July.
The father-son duo are being investigated by the ED and the Central Bureau of Investigation for allegedly receiving kickbacks to ensure Foreign Investment Promotion Board clearance for the Aircel-Maxis deal in 2006, when Chidambaram was the finance minister.
- Volkswagen CEO knew about emissions software months before scandal
- Insolvency: Govt may come up with new law for registered valuers
- Turkey will defy economic threats, says President Erdogan
- Amazon, Facebook, Microsoft, Amex, others plan to fight data localisation plans
- Kofi Annan dies at age 80, world mourns loss