Former Finance Minister P. Chidambaram said today that the CBI should interrogate him instead of harassing his son Karti in the Aircel-Maxis case and accused the investigative agency of spreading misinformation.
The Central Research Office had called Mr. Karti to question him yesterday regarding the foreign investment authorization given in the Aircel-Maxis agreement in 2006, when his father Chidambaram was the finance minister.
Mr. Karti declined to appear, saying that a special court had discharged all the accused and had terminated proceedings in the matter, a statement strongly contradicted by the CBI, which maintains that the investigation was still pending ongoing.
“At Aircel-Maxis, the FIPB recommended and approved the minutes.” CBI should ask me and not harass Karti Chidambaram. “CBI sadly diffused disinformation In Aircel-Maxis, FIPB officials have filed statements before the IWC that approval given was valid, “said Mr. P. Chidambaram in a series of tweets.
According to a CBI indictment sheet filed in a special court, M / s Global Communication Services Holdings Ltd, a subsidiary of Maxis, had requested approval of an investment of $ 800 million in Aircel. (This amounts to approximately Rs 5,177 crore, according to the existing conversion rates).
The Cabinet Committee on Economic Affairs (CCEA) was competent to grant approval.
“However, the approval was granted by the then Minister of Finance More research is being carried out in the circumstances of the approval of the FIPB (Board of Promotion of Foreign Investment) granted by the then Minister of Finance. are also being investigated, “the agency said in 2014.
BJP leader Subramanian Swamy said that the former finance minister had granted FIPB an agreement that should have been referred to the CCEA, headed by the prime minister since it was only entitled to liquidate foreign investments of more than 600 million of rupees.
Mr. P. Chidambaram, who was examined by the agency in connection with the case in 2014, had issued a statement this year, saying that FIPB approval was granted in the “normal course of business”.
