The CBI today told the special 2G court hearing the Aircel-Maxis case that the FIPB approval given by former Finance Minister P Chidambaram in the deal was a "mistake".
	 "The investment was of 800 million USD which is Rs 3,500 crore (approx). The FIPB approval (by the then Finance Minister) was a mistake. This is under investigation," the Investigating Officer in the case told Special Judge O P Saini.
      The agency said it was investigating as to how Chidambaram had given foreign investment promotion board (FIPB) approval in the Aircel-Maxis deal in 2006.
	It contended that Finance Minister was competent to give approval of upto Rs 600 crore but Chidambaram gave the approval which was worth 800 million USD, approximately Rs 3,500 crore.
	It said that the matter should have been referred to the Cabinet Committee on Economic Affairs (CCEA) and they are probing as to how Chidambaram gave the approval.
	"Your (judge) query was on FIPB approval. We are showing documents which show the .

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	The CBI today told the special 2G court that it was investigating former Finance Minister P Chidambaram&#39;s role in the Aircel-Maxis case.</div>
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	The agency contended that Finance Minister was competent to give approval of upto Rs 600 crore but Chidambaram approved the deal that was worth $800 million (approximately Rs 3,500 crore).</div>
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	It said that the matter should have been referred to the Cabinet Committee on Economic Affairs (CCEA) and they are probing as to how Chidambaram gave the approval.</div>
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	&quot;For investment of over Rs 600 crore, CCEA was competent to give approval. This is under investigation and we have not concluded the probe on this aspect yet,&quot; CBI prosecutor K K Goel said.</div>
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Probing Chidambaram's role in Aircel-Maxis deal: CBI tells court

Says former FM should have referred the deal to CCEA

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