New Delhi: The Central Bureau of Investigation (CBI) on Monday informed a Delhi court that it has procured the requisite sanction from the authorities concerned to prosecute former Union minister P Chidambaram in the Aircel-Maxis case. Also Read - PNB Scam Case: After Nirav Modi Loses Legal Fight, India Says Will Liaise With UK For His Early Extradition | Key Points

The court however extended till December 18 the protection granted to Chidambaram and his son Karti from arrest after the CBI said it needed two weeks to get sanction against other accused in the case. Also Read - Supreme Court Allows Karti Chidambaram to Travel Abroad But He Has To Pay Rs 2 Crore

Patiala House Court’s Special Judge OP Saini took up the Aircel-Maxis case, which arose out of the 2G spectrum allocation scam case. Solicitor General Tushar Mehta appeared for the CBI and the Enforcement Directorate (ED) and submitted that requisite sanction from the concerned authority has been received to prosecute Chidambaram in the matter. Also Read - CBI Summons TMC Leader Abhishek Banerjee's Wife in Coal Smuggling Case Weeks Ahead of Bengal Polls

Mehta further said that there were a total of 18 accused in the case and prosecution sanctions were needed for six of them. He added that efforts were being made to obtain prosecution sanctions in respect of other five accused.
On Saturday, Chidambaram had denied all charges leveled by the CBI and said the decision of his arrest was “plainly motivated and totally untenable.”

In his rejoinder submitted to the Patiala House Court, Chidambaram said that after he was granted interim protection on July 23 this year, a reason was “suddenly discovered” to arrest him without even having issued summons in the past four years.

The Aircel Maxis case emerged out of the 2G spectrum cases, pertaining to a grant of FIPB approval to firm M/S Global Communication and Services Holdings Limited, Mauritius for investment in Aircel.

The FIPB approval was allegedly granted in the year 2006 when Chidambaram was the finance minister. According to the rules and Foreign Direct Investment (FDI) policy of the government, Chidambaram was only empowered to give approval to proposals involving a foreign investment amount of up to Rs 600 crore. However, he reportedly approved the foreign investment proposal of Global Communication and Services Holdings Ltd worth Rs 3560 crore approximately.