Approved it on FIPB s proposal: Chidambaram on Aircel-Maxis case
"The CBI leaks its charge sheet to one newspaper because it wants a trial by the media. Fortunately under our legal system the trial can take place only in a court of law " Chidambaram said on Twitter.
"It is the Foreign Investment Promotion Board (FIPB) that decides if a proposal falls within the competence of the Finance Minister. The FIPB put up the proposal to me and I approved it along with 20 other proposals " the senior Congress leader added.
A news report by Times of India (TOI) said that the CBI charge sheet claimed that Chidambaram did not grant FDI approvals "mechanically" but there was "due application of mind" and that he used to raise queries but he "deliberately ignored prevailing guidelines while deciding the Aircel-Maxis case" to avoid sending it to the Cabinet Committee on Economic Affairs (CCEA).
On August 24 the Enforcement Directorate had quizzed Chidambaram in the Rs 3 200-crore Aircel-Maxis deal case.
--IANS sid/tsb/sed