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Former Indian finance minister Chidambaram arrested in corruption case

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The case revolves around the approval for the acquisition of telecoms firm Aircel Ltd by Malaysia's Maxis Bhd.

Police arrested former Indian finance minister P Chidambaram late on Wednesday in relation to alleged corruption and money laundering, a day after the Delhi High Court rejected his application to seek exemption from arrest.

The CBI and Enforcement Directorate - India's financial crime-fighting agency - have alleged that Chidambaram abused his official position while he was finance minister. Officials have also alleged Chidambaram was involved in money laundering and conspired around the approval of a telecommunications deal in 2006.

He was then taken away in a car that his party supporters tried to stop briefly, local media reported.

 

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Former Indian finance minister Chidambaram arrested in corruption case involving Maxis-Aircel deal | Malay MailNEW DELHI, Aug 22 — Police arrested former Indian finance minister P. Chidambaram late yesterday in relation to alleged corruption and money laundering, a day after the Delhi High Court rejected his application to seek exemption from arrest. Chidambaram was arrested by federal police on a warrant...
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Former Indian finance minister Chidambaram arrested in corruption caseThe allegations in the case centre around the role of Chidambaram in approving the acquisition of telecoms firm, Aircel Ltd, by Malaysia’s Maxis Bhd. FMTNews
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