Aircel-Maxis case: ED files status report, cites alleged ‘role’ of P Chidambaram

Aircel-Maxis case: ED files status report, cites alleged ‘role’ of P Chidambaram

6 10 99
Aircel-Maxis case: ED files status report, cites alleged ‘role’ of P Chidambaram 10 6 99
New Delhi: The Enforecement Directorate (ED) on Monday documented status report in Supreme Court over FIPB (Foreign Investment Promotion Board) infringement expressing affirmed part of P Chidambaram.

Looking for test into the part of Chidambaram in affirmed infringement of standards submitted by the FIPB in supporting Aircel-Maxis bargain in 2006 allowing interest in overabundance of the roof of 74 percent, Swamy had alluded to the CAG report which has indicated two charged lawless acts in the give of endorsement to Aircel-Maxis bargain by the FIPB.

As indicated by Swamy, the CAG in its 2015 report indicated two illicit acts in the concede of endorsement by FIPB including Maxis procuring 93.3 percent stake in the Aircel Tele Ventures Ltd through its "wos" the GCSHL.

This, Swamy stated, was in abundance of the then roof of 74 for every penny speculation by an outside substance in the Indian telecom organization.Bulk whatsapp sms service provider

Second lawlessness, Swamy said was that since the outside interest in Aircel was more than Rs 600 crore it ought to have gone to the Cabinet Committee for Economic Affairs for endorsement however it was rather cleared by the FIPB.

Source:- Zeenews

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