Aircel-Maxis scam investigation at 'critical stage': Arun Jaitley

Denying that there was any political vendetta involved in the probe, the FM refused to divulge more details about the case

Budget 2016: Govt to spend Rs 5,500 cr on crop insurance scheme
IANS New Delhi
Last Updated : Mar 02 2016 | 4:15 PM IST

Finance Minister Arun Jaitey on Wednesday said the investigation into the alleged Aircel-Maxis scam was at a "critical stage" but refused to divulge more details about the possible money laundering case involving Congress leader P Chidambaram's son Karti's firms.

Denying that there was any political vendetta involved in the probe, Jaitley told the Lok Sabha that the government was not influenced by the opposition's stance over the issue that stalled parliament proceedings on Tuesday and Wednesday morning.

He said the Central Bureau of Investigation (CBI) had "already filed a charge-sheet into the case and that procedures were being followed in strict compliance with the law".

Let the case details go to the court and then "all the documents will become public", he said.

Raids by the Enforcement Directorate (ED) and other investigating agencies were conducted in the Aircel-Maxis case, especially in Chennai, he said.

AIADMK members raised the issue against Karti in the parliament, displaying copies of an English daily which claimed that, as per investigations by the ED and Income Tax authorities during searches at his premises, he had invested in real estate across the world.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 02 2016 | 3:50 PM IST

Next Story