ED clears way to prosecute former FM Chidambaram, moves court in Aircel-Maxis and INX Media cases

The Directorate of Enforcement has filed a prosecution sanction order against former Union Finance Minister P Chidambaram, marking a key procedural step that allows the agency to proceed with criminal prosecution under the Prevention of Money Laundering Act.

The prosecution sanction pertains to the alleged money laundering offence linked to the Aircel-Maxis deal, a case that has been under investigation for several years. Following the issuance of the sanction, the Enforcement Directorate has placed the order before the Special Court under the Prevention of Money Laundering Act at Rouse Avenue in New Delhi, seeking to move ahead with criminal prosecution in the matter, reports said on Thursday.