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CBI had, on March 16, 2015, filed an FIR against G.
Madhavan Nair and others, accusing them of facilitating 'wrongful' gain of Rs578 crore to private multimedia company Devas by Antrix.
The deal was finalised in 2005, saw an early exit of G Madhavan Nair as ISRO chairman, as he headed Antrix's governing council then.
The case is related to leasing of S-Band, a restricted wavelength of the INSAT satellites to deliver multimedia and information services to mobile receivers in vehicles and phones to the Devas by the Antrix.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)