Business Standard

Aircel-Maxis: Court order on framing charges on December 19

IANS  |  New Delhi 

A here on Wednesday fixed December 19 for delivering order on the issue of framing charges in Aircel-Maxis deal case against former Telecom Minister Dayanidhi Maran and others.

Special Judge O.P. Saini deferred the order to December 19, saying that it was not ready till now.

The will also pronounce its order on the bail plea of Dayanidhi Maran, his brother Kalanithi Maran and other accused in the Aircel-Maxis case on the next date of hearing.

The CBI has chargesheeted Maran, his brother and businessman Kalanithi Maran, Chennai-based firm Sun Direct TV, Malaysian businessman T.A. Ananda Krishnan, Augustus Ralph Marshall and the two accused firms -- Maxis Communications Berhad of Malaysia and Astro All Asia Networks.

The chargesheet alleged that Dayanidhi Maran used his influence to help Krishnan buy Aircel by coercing its owner Sivasankaran to part with his stake.

It was alleged by Sivasankaran that Dayanidhi Maran favoured the Maxis Group in the takeover of his company. In return, he alleged, the company made investments through Astro Network in a company stated to be owned by the Maran family.

The chargesheet was filed under Section 120-B (criminal conspiracy) of the Indian Penal Code and other relevant provisions of the Prevention of Corruption Act.

In the other case, the Enforcement Directorate has chargesheeted Maran brothers, Kalanithi's wife Kavery Kalanithi and South Asia FM Ltd (SAFL) Managing Director K. Shanmugam and two companies -- SAFL and Sun Direct TV Pvt Ltd (SDTPL) -- for laundering Rs 742.58 crore.

--IANS

akk/nir/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Aircel-Maxis: Court order on framing charges on December 19

A court here on Wednesday fixed December 19 for delivering order on the issue of framing charges in Aircel-Maxis deal case against former Telecom Minister Dayanidhi Maran and others.

A here on Wednesday fixed December 19 for delivering order on the issue of framing charges in Aircel-Maxis deal case against former Telecom Minister Dayanidhi Maran and others.

Special Judge O.P. Saini deferred the order to December 19, saying that it was not ready till now.

The will also pronounce its order on the bail plea of Dayanidhi Maran, his brother Kalanithi Maran and other accused in the Aircel-Maxis case on the next date of hearing.

The CBI has chargesheeted Maran, his brother and businessman Kalanithi Maran, Chennai-based firm Sun Direct TV, Malaysian businessman T.A. Ananda Krishnan, Augustus Ralph Marshall and the two accused firms -- Maxis Communications Berhad of Malaysia and Astro All Asia Networks.

The chargesheet alleged that Dayanidhi Maran used his influence to help Krishnan buy Aircel by coercing its owner Sivasankaran to part with his stake.

It was alleged by Sivasankaran that Dayanidhi Maran favoured the Maxis Group in the takeover of his company. In return, he alleged, the company made investments through Astro Network in a company stated to be owned by the Maran family.

The chargesheet was filed under Section 120-B (criminal conspiracy) of the Indian Penal Code and other relevant provisions of the Prevention of Corruption Act.

In the other case, the Enforcement Directorate has chargesheeted Maran brothers, Kalanithi's wife Kavery Kalanithi and South Asia FM Ltd (SAFL) Managing Director K. Shanmugam and two companies -- SAFL and Sun Direct TV Pvt Ltd (SDTPL) -- for laundering Rs 742.58 crore.

--IANS

akk/nir/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Aircel-Maxis: Court order on framing charges on December 19

A here on Wednesday fixed December 19 for delivering order on the issue of framing charges in Aircel-Maxis deal case against former Telecom Minister Dayanidhi Maran and others.

Special Judge O.P. Saini deferred the order to December 19, saying that it was not ready till now.

The will also pronounce its order on the bail plea of Dayanidhi Maran, his brother Kalanithi Maran and other accused in the Aircel-Maxis case on the next date of hearing.

The CBI has chargesheeted Maran, his brother and businessman Kalanithi Maran, Chennai-based firm Sun Direct TV, Malaysian businessman T.A. Ananda Krishnan, Augustus Ralph Marshall and the two accused firms -- Maxis Communications Berhad of Malaysia and Astro All Asia Networks.

The chargesheet alleged that Dayanidhi Maran used his influence to help Krishnan buy Aircel by coercing its owner Sivasankaran to part with his stake.

It was alleged by Sivasankaran that Dayanidhi Maran favoured the Maxis Group in the takeover of his company. In return, he alleged, the company made investments through Astro Network in a company stated to be owned by the Maran family.

The chargesheet was filed under Section 120-B (criminal conspiracy) of the Indian Penal Code and other relevant provisions of the Prevention of Corruption Act.

In the other case, the Enforcement Directorate has chargesheeted Maran brothers, Kalanithi's wife Kavery Kalanithi and South Asia FM Ltd (SAFL) Managing Director K. Shanmugam and two companies -- SAFL and Sun Direct TV Pvt Ltd (SDTPL) -- for laundering Rs 742.58 crore.

--IANS

akk/nir/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard