New Delhi: Even as the trial court has given P Chidambaram a clean chit for his alleged involvement in the country’s biggest 2G spectrum allocation scam, home minister P Chidambaram might face another charge as the Aircel-Maxis deal probe has reached the doorsteps of Finance ministry.

CBI and Enforcement Directorate are probing the Aircel-Maxis deal in which Maxis was allegedly allowed in 2007 to purchase 99 percent stake of Aircel by Foreign Investment Promotion Board (FIPB) which is a violation of 74 percent limit in foreign investment in Telecom sector.

As the FIPB works under the Union Finance Ministry, the then finance minister P Chidambaram’s role into the case becomes “questionable”.  

However, as far now, CBI and ED officers are tightlipped on being asked about the Chidambaram’s role.


During the investigation, CBI and ED officials were taken aback to find Maxis Company allowed to purchase 99 percent stake in Aircel.

“Maxis group sought clearance from FIPB for the investment in Aircel which it got; we want to find out how the company was able to get the go-ahead by flouting the norms.” A probe official said.

Notably, CBI, following the directions of the Supreme Court, lodged FIRs against former Telecom minister Dayanidhi Maran and his brother Kalanidhi Maran including some officers of Malaysia based Maxis group for allegedly forcing former Aircel Chief C Sivasankaran to sell Aircel to the group in lieu of huge kickback of hundred of crores.

It is likely that CBI may grill Dayanidhi Maran in this connection with the case in the first week of April.

(JPN/Bureau)