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A Delhi court on Thursday extended interimprotection from arrest granted to P Chidambaram, son Karti in Aircel-Maxiscases till August 9.

Senior lawyer Kapil Sibbal, appearing for Chidambaram andhis son told the court that they will be available for interrogation wheneverthe investigative agencies Central Burau of Investigation (CBI) and EnforcementDirectorate (ED), probing the matter, summons them. Chidambaram, then Unionfinance minister, allegedly gave Foreign Investment Promotion Board(FIPB)approval in the Aircel-Maxis FDI in March 2006 even though he wasempowered to accord approval on project proposals only up to Rs 600 crore.Beyond the said limi it required the approval of the Cabinet Committee onEconomic Affairs (CCEA).


Publish Time: 01 August 2019
TP News

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