Delhi High Court Stays Trial Against P. Chidambaram in Aircel-Maxis Money Laundering Case
The Delhi High Court recently stayed the trial proceedings against Congress leader and former Union Minister P. Chidambaram in a money laundering case connected to the Aircel-Maxis deal. Justice Manoj Kumar Ohri, while issuing notice to the Enforcement Directorate (ED), stated, “I will pass a detailed order,” and stayed the proceedings until the next hearing.
Chidambaram challenged the trial court’s order, which took cognizance of the ED’s complaint against him and his son, Karti Chidambaram. His legal team argued that prosecution sanction was mandatory before cognizance could be taken.
The case revolves around alleged irregularities in the ₹3,500 crore Aircel-Maxis deal during Chidambaram's tenure as Union Finance Minister, particularly concerning Foreign Investment Promotion Board (FIPB) approvals.
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