Express Web Desk | New Delhi |
Updated: October 25, 2018 10:56:08 pm
The Enforcement Directorate Thursday filed chargesheet against former finance minister P Chidambaram in Aircel-Maxis money laundering case, accusing him of conspiring with foreign investors to clear their venture. A total of nine accused have been listed by the agency including Chidambaram. The CBI special court has fixed November 26 for consideration of the chargesheet in the case. ED had filed the first charge sheet in the case against Chidambaram’s son Karti; later, a supplementary charge sheet was also filed against him.
The nine accused named by the agency in the case are: Chidambaram, S. Bhaskaraman (chartered accountant of Karti), V Srinivasan (former CEO of Aircel), Augustus Ralph Marshall (associated with Maxis), Astro All Asia Networks Plc Malaysia, Aircel Televentures Ltd, Maxis Mobile Services Sdn Bhd, Bumi Armada Berhad, Bumi Armada Navigation Sdn Bhd, reports PTI.
“As per rules and FDI policy of Government of India in 2006, Chidambaram, the then Finance Minister was empowered to give approval of the foreign investment to the proposals involving foreign investment up to Rs 600 crore only. The foreign investment proposal of Global Communication and Services Holdings Limited should have been referred to Cabinet Committee on Economic Affairs (CCEA) but it was not done and approved by Chidambaram under a conspiracy,” said the ED, filing the second supplementary charge sheet.
It said the chargesheet is based on adequate material evidences which are in the form of email communications retrieved from the seized digital devices from Karti and his associates.
The material evidences reveal routing of proceeds of crime in the guise of bonafide business deals by the beneficiaries of illegal FIPB approval in the companies of Karti. The investigation has revealed the financial linkage of Karti Chidambaram and P Chidambaram with these companies, it said.
“There are contradictory and evasive responses, in spite of that ED has collected materials that is corroboratory statements recorded under Section 50 of the PMLA from various persons during the investigation to substantiate the offence of money laundering,” ED said.
Later in the day, Chidambaram said that he will contest the case in the court. In a statement, the senior Congress leader said the CBI has already filed a chargesheet in the Aircel-Maxis case.
“The ED has now filed a complaint in the same case. If and when summons are issued by the honourable court, the cases will be contested. I will not make any other public comment,” he said.
In its chargesheet the Enforcement Directorate accused Chidambaram of conspiring with foreign investors to clear their venture.
The first charge sheet in the case was filed against Karti on June 13 which claimed that he controlled two firms which allegedly received Rs 1.16 crore as bribe money in the Aircel-Maxis money laundering case.
Advocates N K Matta and Nitesh Rana appeared for the ED in the court.
-With inputs from PTI
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