Explorer

ED Raids Karti Chidambaram's premises over Aircel-Maxis case

The Aircel-Maxis deal refers to a series of allegations of kickbacks in the telecom sector, which was part of the wider 2G scam that engulfed the UPA regime

New Delhi: The Enforcement Directorate on Saturday conducted raids at premises of Former Finance Minister P. Chidambaram’s son, Karti Chidambaram. As per sources, the raids are being conducted in Chennai and National Capital in connection to the Aircel Maxis case. As per sources, both Chidambaram and Karti were present at he residence when the raids were conducted at his Jor Bagh residence. What is Aircel Maxis case? The Aircel-Maxis deal refers to a series of allegations of kickbacks in the telecom sector, which was part of the wider 2G scam that engulfed the UPA regime. In 2011, former Aircel head C. Sivasankaran complained to the CBI that he was being forced by then telecom minister Dayanidhi Maran to sell Aircel to the Malaysia-based Maxis Communications group owned by T. Ananda Krishnan. Earlier in February 2017, the then communication minister, Dayanidhi Maran, and the others accused in the Aircel-Maxis case, were discharged by a special CBI court. Senior Bharatiya Janata Party (BJP) leader Subramanian Swamy had alleged that in 2006 a company controlled by Karti Chidambaram received a 5 per cent share of Aircel to get part of Rs. 4,000 crore paid by Maxis for a 74 per cent stake in Aircel. According to Swamy, Chidambaram withheld the FIPB clearance till the 5 per cent was paid to Karthi.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections: Report
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Advertisement
for smartphones
and tablets

Videos

Mukhtar Ansari Death: Gangster's Passing and Graveyard Arrangements, watch ground report | ABP NewsABP SHIKHAR SAMMELAN 2024: 'People Might Ask To Reveal Who Voted For Whom Soon': Rajnath On Electoral BondsABP SHIKHAR SAMMELAN 2024: POK Will Always Remain An Integral Part Of India, Says Rajnath SinghABP Shikar Sammelan 2024: Rift between Akali Dal-BJP due to farmers issues? | Rajnath Singh

Photogallery

Embed widget