.The trail is too cold now, the reek,the odour, the scent, the stench and the smell are all long gone. So, the police dogs only barks around, not knowing what to follow or where to go.in our country, it is the ruling political dispensation of the day that decides the speed and direction of such high profile probes. Everyone knows why it took so long for this probe to reach even questioning stage. Any amount of questioning now is of no use as all evidences and witnesses would have been taken care of. there are so many criminal cases pending againstMahather and his cronies with investigations in some cases still going on
‘Only those who have plotted against Anwar need to worry.’
When opposition leader Anwar Ibrahim and DAP veteran Lim Kit Siang helm the federal government
.Dayanidhi Maran forced Aircel-Maxis deal, CBI tells court
Malaysian national Augustus Ralph Marshall and four firms--Sun Direct TV Pvt Ltd, Maxis Communication Berhad, Astro All Asia Network PLC and South Asia Entertainment Holding Ltd--as accused in the case. They have been chargesheeted for the offences punishable under section 120-B (criminal conspiracy) of the IPC and under relevant provisions of the Prevention of Corruption Act.
The CBI is probing the role of then finance minister P Chidambaram in allowing foreign investment by a Mauritius-based company, according to its chargesheet in the Aircel-Maxis deal
The Central Bureau of Investigation's (CBI) submission came in its recently-filed chargesheet against then communications minister Dayanidhi Maran, his brother Kalanithi Maran, and Malaysian business tycoon T Ananda Krishnan and others. Dayanidhi Maran is chargd with using his influence to help Krishnan acquire Aircel by allegedly coercing its owner Sivasankaran to part with his stake.
The prosecutor told the court that there was enough evidence to proceed with the case and the documents filed by it along with the chargesheet would clarify the specific roles of all the accused. Alleging that Maran was clearly involved in criminality, CBI submitted that as soon as Maxis Group bought Sivasankaran's firms, all the pending issues were cleared by Dayanidhi Maran giving undue benefit to the Malaysian company. "If accused number one (Dayanidhi) had cleared all the issues and had given licences and spectrum to Sivasankaran's firms, then Maxis Group would have had to pay much more to buy the companies," CBI claimed.
Former telecom minister Dayanidhi Maran, misused his official position to "pressurise" and "force" Chennai-based telecom promoter C Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006, the CBI on Thursday told a special CBI court. "Accused number one (Dayanidhi Maran) forced Sivasankaran to sell his companies. He (Sivasankaran) sold his three firms to Malaysia's Maxis Communication Berhad, accused number six," the CBI told Special Judge OP Saini during arguments on consideration of chargesheet filed in the Aircel-Maxis deal case. The court fixed the matter for further arguments on September 22 saying, "Documents are voluminous and their perusual would take sometime. Put up for further arguments on cognisance on September 22."
Former telecom minister Dayanidhi Maran and his brother Kalanithi have been questioned by the Enforcement Directorate at its office here in connection with money-laundering charges in the Aircel-Maxis bribery case related to the 2G spectrum scam.Besides the Maran brothers, the CBI chargesheeted Malaysian business tycoon T Ananda Krishnan, Malaysian national Augustus Ralph Marshall and four firms--Sun Direct TV Pvt Ltd, Maxis Communication Berhad, Astro All Asia Network PLC and South Asia Entertainment Holding Ltd--as accused in the case. They have been chargesheeted for the offences punishable under section 120-B (criminal conspiracy) of the IPC and under relevant provisions of the Prevention of Corruption Act.
Sources said the questioning began on Monday and is still in progress, with ED officials now quizzing executives of the group companies owned by the Marans. All financial transactions of the Sun network group have been probed and investigations may now extend to other companies, including SpiceJet.
The Marans have been questioned on their economic interests, investments from abroad and the financial transactions of their companies in India. Though the ED has limited itself to transactions in the companies mentioned in the CBI chargesheet, it may later include others where the Maran family has interests, including the airline venture.
Former telecom minister Dayanidhi Maran.
Dayanidhi, who was the telecom minister between 2004 and 2007, has been charged with criminal conspiracy and stalling approvals for spectrum licences to Aircel Ltd to force its owner C Sivasankaran to sell his company to Malaysian Maxis Communications. Maxis later invested around Rs 629 crore in the Sun group owned by the Marans.
The ED has registered a case of money laundering under the Prevention of Money Laundering Act (PMLA) in the Aircel-Maxis selloff . Sources said the questioning would be followed by attachment of properties of Maran brothers and their companies for laundering 'proceeds of crime' which is likely to be over Rs 742 crore. The ED had earlier issued showcause notices for Rs 1,767 crore in the case, including penalty.Dayanidhi, who was the telecom minister between 2004 and 2007, has been charged with criminal conspiracy and stalling approvals for spectrum licences to Aircel Ltd to force its owner C Sivasankaran to sell his company to Malaysian Maxis Communications. Maxis later invested around Rs 629 crore in the Sun group owned by the Marans.
The ED has registered a case of money laundering under the Prevention of Money Laundering Act (PMLA) in the Aircel-Maxis selloff . Sources said the questioning would be followed by attachment of properties of Maran brothers and their companies for laundering 'proceeds of crime' which is likely to be over Rs 742 crore. The ED had earlier issued showcause notices for Rs 1,767 crore in the case, including penalty."The attachment of properties related to proceeds of crime allegedly received by Maran brothers and associates will be done shortly under the PMLA," a source said. The attachment would be an equivalent of Rs 742 crore, the amount alleged as quid pro quo by the CBI in its chargesheet, sources said.
Kalanithi Maran.
The financial transactions of Maxis Communications linked it to Maran's Sun Direct Pvt Ltd. One of the UK-based subsidiaries of Maxis purchased shares at a premium in Maran's Sun Direct. The transaction was worth Rs 629 crore.
"Any additional attachment of properties would depend on the information the ED receives from Malaysia and Mauritius," a source said. The agency is awaiting transaction details related to Marans' group companies from Mauritius and Malaysia. Earlier, the two countries had denied sharing any financial transactions of the accused entities, citing non-criminality.
The first and only attachment of property made by the ED so far in the 2G case was in 2011 when it attached bank accounts and properties of five companies that had allegedly paid a bribe of Rs 200 crore to Kalaignar TV, owned by family members of DMK chief M Karunanidhi.
‘Only those who have plotted against Anwar need to worry.’
When opposition leader Anwar Ibrahim and DAP veteran Lim Kit Siang helm the federal government
.Dayanidhi Maran forced Aircel-Maxis deal, CBI tells court
Malaysian national Augustus Ralph Marshall and four firms--Sun Direct TV Pvt Ltd, Maxis Communication Berhad, Astro All Asia Network PLC and South Asia Entertainment Holding Ltd--as accused in the case. They have been chargesheeted for the offences punishable under section 120-B (criminal conspiracy) of the IPC and under relevant provisions of the Prevention of Corruption Act.
The CBI is probing the role of then finance minister P Chidambaram in allowing foreign investment by a Mauritius-based company, according to its chargesheet in the Aircel-Maxis deal
The Central Bureau of Investigation's (CBI) submission came in its recently-filed chargesheet against then communications minister Dayanidhi Maran, his brother Kalanithi Maran, and Malaysian business tycoon T Ananda Krishnan and others. Dayanidhi Maran is chargd with using his influence to help Krishnan acquire Aircel by allegedly coercing its owner Sivasankaran to part with his stake.
The prosecutor told the court that there was enough evidence to proceed with the case and the documents filed by it along with the chargesheet would clarify the specific roles of all the accused. Alleging that Maran was clearly involved in criminality, CBI submitted that as soon as Maxis Group bought Sivasankaran's firms, all the pending issues were cleared by Dayanidhi Maran giving undue benefit to the Malaysian company. "If accused number one (Dayanidhi) had cleared all the issues and had given licences and spectrum to Sivasankaran's firms, then Maxis Group would have had to pay much more to buy the companies," CBI claimed.
Former telecom minister Dayanidhi Maran, misused his official position to "pressurise" and "force" Chennai-based telecom promoter C Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006, the CBI on Thursday told a special CBI court. "Accused number one (Dayanidhi Maran) forced Sivasankaran to sell his companies. He (Sivasankaran) sold his three firms to Malaysia's Maxis Communication Berhad, accused number six," the CBI told Special Judge OP Saini during arguments on consideration of chargesheet filed in the Aircel-Maxis deal case. The court fixed the matter for further arguments on September 22 saying, "Documents are voluminous and their perusual would take sometime. Put up for further arguments on cognisance on September 22."
Former telecom minister Dayanidhi Maran and his brother Kalanithi have been questioned by the Enforcement Directorate at its office here in connection with money-laundering charges in the Aircel-Maxis bribery case related to the 2G spectrum scam.Besides the Maran brothers, the CBI chargesheeted Malaysian business tycoon T Ananda Krishnan, Malaysian national Augustus Ralph Marshall and four firms--Sun Direct TV Pvt Ltd, Maxis Communication Berhad, Astro All Asia Network PLC and South Asia Entertainment Holding Ltd--as accused in the case. They have been chargesheeted for the offences punishable under section 120-B (criminal conspiracy) of the IPC and under relevant provisions of the Prevention of Corruption Act.
Sources said the questioning began on Monday and is still in progress, with ED officials now quizzing executives of the group companies owned by the Marans. All financial transactions of the Sun network group have been probed and investigations may now extend to other companies, including SpiceJet.
The Marans have been questioned on their economic interests, investments from abroad and the financial transactions of their companies in India. Though the ED has limited itself to transactions in the companies mentioned in the CBI chargesheet, it may later include others where the Maran family has interests, including the airline venture.
Former telecom minister Dayanidhi Maran.
Dayanidhi, who was the telecom minister between 2004 and 2007, has been charged with criminal conspiracy and stalling approvals for spectrum licences to Aircel Ltd to force its owner C Sivasankaran to sell his company to Malaysian Maxis Communications. Maxis later invested around Rs 629 crore in the Sun group owned by the Marans.
The ED has registered a case of money laundering under the Prevention of Money Laundering Act (PMLA) in the Aircel-Maxis selloff . Sources said the questioning would be followed by attachment of properties of Maran brothers and their companies for laundering 'proceeds of crime' which is likely to be over Rs 742 crore. The ED had earlier issued showcause notices for Rs 1,767 crore in the case, including penalty.Dayanidhi, who was the telecom minister between 2004 and 2007, has been charged with criminal conspiracy and stalling approvals for spectrum licences to Aircel Ltd to force its owner C Sivasankaran to sell his company to Malaysian Maxis Communications. Maxis later invested around Rs 629 crore in the Sun group owned by the Marans.
The ED has registered a case of money laundering under the Prevention of Money Laundering Act (PMLA) in the Aircel-Maxis selloff . Sources said the questioning would be followed by attachment of properties of Maran brothers and their companies for laundering 'proceeds of crime' which is likely to be over Rs 742 crore. The ED had earlier issued showcause notices for Rs 1,767 crore in the case, including penalty."The attachment of properties related to proceeds of crime allegedly received by Maran brothers and associates will be done shortly under the PMLA," a source said. The attachment would be an equivalent of Rs 742 crore, the amount alleged as quid pro quo by the CBI in its chargesheet, sources said.
Kalanithi Maran.
The financial transactions of Maxis Communications linked it to Maran's Sun Direct Pvt Ltd. One of the UK-based subsidiaries of Maxis purchased shares at a premium in Maran's Sun Direct. The transaction was worth Rs 629 crore.
"Any additional attachment of properties would depend on the information the ED receives from Malaysia and Mauritius," a source said. The agency is awaiting transaction details related to Marans' group companies from Mauritius and Malaysia. Earlier, the two countries had denied sharing any financial transactions of the accused entities, citing non-criminality.
The first and only attachment of property made by the ED so far in the 2G case was in 2011 when it attached bank accounts and properties of five companies that had allegedly paid a bribe of Rs 200 crore to Kalaignar TV, owned by family members of DMK chief M Karunanidhi.
No comments:
Post a Comment