Trouble for P Chidambaram: ED places prosecution sanction order against ex-Union minister in Aircel-Maxis deal, INX media case
Times of India
by TOI NEWS DESKFebruary 26, 2026
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The Enforcement Directorate (ED) has filed prosecution sanction orders against former Union Finance Minister P Chidambaram in two high-profile cases: the Aircel-Maxis deal and the INX Media money laundering case. These orders have been submitted to the Special Court under the Prevention of Money Laundering Act (PMLA) in New Delhi to expedite trial proceedings. The ED’s move follows a November 6, 2024, Supreme Court ruling that clarified the applicability of prosecution sanctions under Section 197(1) of the Code of Criminal Procedure (CrPC) for cases filed under Section 44(1)(b) of the PMLA. This ruling prompted the ED to seek prosecution sanctions in pending complaints involving public servants, including Chidambaram.
In the Aircel-Maxis case, the CBI had filed a FIR in 2011 alleging fraud and corruption in the approval process for Maxis’ $800 million investment in Aircel. The ED investigation accused Chidambaram of granting FDI approval in 2006 “in lieu of quid pro quo,” despite the deal exceeding the Rs 600 crore threshold, which required approval from the Cabinet Committee on Economic Affairs (CCEA). The agency alleged that illegal gratification worth Rs 1.16 crore was routed through Chidambaram’s companies, M/s Advantage Strategic Consulting Pvt. Ltd. and M/s Chess Management Services Pvt. Ltd.
Similarly, in the INX Media case, the ED has accused Chidambaram of involvement in a money laundering scheme linked to foreign investments. The agency has sought prosecution sanctions to ensure timely trial proceedings. These developments mark a significant step forward in cases that have faced delays due to legal challenges and complex procedural issues.
The scrutiny of Chidambaram, a senior political figure with a long-standing career, raises important questions about accountability and governance in India. His alleged role in these high-profile financial scandals underscores the ongoing challenges of combating corruption and ensuring transparency in public office. For readers interested in global politics and legal developments, this case highlights the delicate balance between power, regulation, and justice in democratic systems.
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Originally published on Times of India on 2/26/2026