Aircel-Maxis case : ED submitted report on P Chidambaram's role to SC

Aircel-Maxis case : ED submitted report on P Chidambaram's role to SC

New Delhi : The Enforcement Directorate (ED) today submitted before the Supreme Court its status report on alleged violation of FIPB (Foreign Investment Promotion Board) rules by former Finance

Minister and senior Congress leader P Chidambaram in the Aircel-Maxis case. The apex court has fixed the matter for further hearing on May 2.

In February this year, the Supreme Court had asked BJP leader Subramanian Swamy to place before it concrete evidence backing his plea for probe into Chidambaram's role into alleged breach of norms in permitting Malaysian firm Maxis to acquire 100 per cent stake in Aircel through FDI in 2006.