Former Finance Minister P Chidambaram on Wednesday filed an affidavit on the Enforcement Directorate (ED) investigating son Karti in connection with its money laundering probe in the Aircel-Maxis deal.
As per the affidavit, it is said the CBI has not found or reported any offence under any law in respect of the Foreign Investment Promotion Board (FIPB) approval.
During the course of the hearing on November 25, Chidambaram said that the investigation against his son Karti were in respect of the FIPB approval.
The affidavit added that the approval was granted in the ordinary course of government business.
“The chargesheet in the Aircel-Maxis case was filed on 28 August, 2014. The statement in respect of FIPB approval from the official concerned were recorded, Thereafter, in course of further investigation under section 173(8) of the Code of Criminal Procedure, it is thereafter that the status report was filed in the Supreme Court. The CBI has not found or reported any offence under any law in respect of the said FIPB approval”, the affidavit stated.
Karti Chidambaram is being probed for his role in firms identified as Advantage Strategic Consulting Private Limited and Chess Management Services, where Karti Chidambaram had been a director, and a few others for alleged violations under the Prevention of Money Laundering Act.
