02 February 2017

Pin It

Aircel-Maxis case Dayanidhi Maran, brother Kalanithi, others discharged

Aircel-Maxis case Dayanidhi Maran, brother Kalanithi, others discharged

A special court in Delhi discharged former telecom minister Dayanidhi Maran, his brother Kalanithi Maran and others in the Aircel-Maxis deal cases lodged by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).

The CBI had filed a charge sheet against the Maran brothers, Ralph Marshall, T Ananda Krishnan, M/s Sun Direct TV (P) Ltd, M/s Astro All Asia Networks Plc, UK, M/s Maxis Communications Berhad, Malaysia, M/s South Asia Entertainment Holdings Ltd, Malaysia and then Additional Secretary (Telecom) J S Sarma who died during the course of the probe.

They were chargesheeted for alleged offences punishable under section 120-B (criminal conspiracy) of the Indian Penal Code (IPC) and under relevant provisions of the Prevention of Corruption Act.

In the money laundering case, ED has chargesheeted the Maran brothers, Kalanithi’s wife Kavery, Managing Director of South Asia FM Ltd (SAFL) K Shanmugam, SAFL and Sun Direct TV Pvt Ltd (SDTPL) under provisions of the Prevention of Money Laundering Act (PMLA).

Besides Maran brothers, the court discharged two companies - M/s Sun Direct TV (P) Ltd (SDTPL) and M/s South Asia Entertainment Holdings Ltd.

ED’s special prosecutor NK Matta had claimed that there were money transactions which allegedly showed that SDTPL and SAFL had received Rs 742.58 crore as “proceeds of crime” from Mauritius-based firms in the Aircel-Maxis deal.

The agency had claimed that “proceeds of crime” amounting to Rs 549.03 crore and Rs 193.55 crore were received by SDTPL and SAFL, allegedly controlled by co-accused Kalanithi, through various Mauritius-based entities.

ED had earlier alleged before the court that Dayanidhi had generated funds worth Rs 742.58 crore through illegal means and there was sufficient prima facie material to proceed against him and other accused in the case.

It had then alleged that Dayanidhi had obtained “illegal gratification” of Rs 742.58 crore and the money was “parked” in the firms of Kalanithi by projecting it as untainted.

ED had also claimed that Kalanithi was controlling both SDTPL and SAFL, where the money was infused through Mauritius- based companies.

CBI probed the corruption case, while the Enforcement Directorate went into the money laundering charge.

Reality views by sm –

Thursday, February 2, 2017

Tags – Aircel Maxis Case Dayanidhi Maran Discharged