Aircel-Maxis case

 

     

A Special 2G court today  Oct 13,2014 reserved for October 29,2014 its order on the issue of taking cognizance on CBI's charge sheet in the Aircel-Maxis deal case in which former telecom minister Dayanidhi Maran, his brother Kalanithi Maran and others are named as accused.
"Arguments on the point of cognizance heard. Put up for order on October 29," Special CBI judge O P Saini said.

The CBI in August filed the charge sheet alleging that Mr. Dayanidhi Maran had entered into a criminal conspiracy with T. Ananda Krishnan, owner of Malaysian company Maxis, and coerced Chinnakannan Sivasankaran, owner of telecom company Aircel, to sell his shares to the former allegedly in lieu of investments by the foreign company through another company into Sun Direct TV Pvt. Ltd. Mr. Maran is one of the promoters of Sun Direct.

The CBI charge-sheeted them a day after the Supreme Court refused to entertain a plea by Mr. Dayanidhi Maran for restraining the agency from filing the investigation report, taking the plea that the Malaysian part of the investigation was not complete.

The other accused in the case are Krishnan, senior executive of the Maxis Group, Ralph Marshall, and four companies, including Sun Direct TV Pvt Ltd. The CBI in 2011 registered an FIR that Mr. Sivasankaran, who had sought spectrum licence, was forced to sell his company to Maxis.

In March 2006, the Maxis Group had bought a 74 per cent stake in Aircel.