Aircel-Maxis cases: Delhi court grants anticipatory bail to P Chidambaram, son Karti

BCCL
"In event of arrest, they be released on a personal bond of Rs 1 lakh and one surety of like amount. The accused are directed to join the investigation," the court said.

Highlights

  • A Delhi court Thursday granted anticipatory bail to former finance minister P Chidambaram and his son Karti in Aircel Maxis cases filed by the CBI and the Enforcement Directorate
  • "In event of arrest, they be released on a personal bond of Rs 1 lakh and one surety of like amount. The accused are directed to join the investigation," the court said
NEW DELHI: A Delhi court Thursday granted anticipatory bail to former finance minister P Chidambaram and his son Karti in Aircel Maxis cases filed by the CBI and the Enforcement Directorate.

Special Judge O P Saini granted relief to the Chidambarams and directed them to join the probe in the cases.

"In event of arrest, they be released on a personal bond of Rs 1 lakh and one surety of like amount. The accused are directed to join the investigation,” the court said.


The court said that both the probe agencies, instead of arguing the matter, were seeking date after date since the filing of the complaint on pretext of further investigation.

It also said that the probe in the Aircel-Maxis cases have been highly belated by both the agencies as almost entire material was in their possession since beginning.

The conduct of the agencies to seek date after date on pretext of further probe speaks for itself and needs no elaboration, the court said.
ADVERTISEMENT

"No possibility for the Chidambarams to commit similar crime as they don't hold official position in government now," said the court, adding that the allegations of the agencies against the Chidambarams were not of grave magnitude as money laundered was only Rs 1.13 crore.

"The allegations against accused are also not of grave magnitude as money laundered is only Rs 1.13 crore, which is paltry amount in comparison to allegations against Dayanidhi Maran and others, where the bribe amount was Rs 749 crore but he was not arrested," the court said.

It further added that the investigating agencies should not discriminate between two similar situated accused, as this was against the rule of law.

The Chidambarams are under the scanner of investigating agencies in the Aircel-Maxis deal as also the INX Media case involving Rs 305 crore.
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Aircel-Maxis cases: Delhi court grants anticipatory bail to P Chidambaram, son Karti
Text Size:AAA
Success
This article has been saved

*

+