Supreme Court to hear ED's plea in Aircel-Maxis case today

The Patiala House Court has discharged Dayanidhi and Kalanithi Maran in the case

Supreme Court to hear ED's plea in Aircel-Maxis case today
ANI New Delhi
Last Updated : Feb 08 2017 | 10:18 AM IST
The Supreme Court will hear the Aircel-Maxis case on Wednesday.

The Enforcement Directorate (ED) on February 3 had moved the Apex Court against the special court's order on the case, which discharged the Maran brothers and other accused without furnishing the bail bond properly.

The ED also urged the court to not release the properties attached in the case.

The Patiala House Court discharged former communications minister Dayanidhi Maran and his brother Kalanithi Maran after it found insufficient evidence to prosecute them.

The Maran brothers were accused by investigating agencies of helping Malaysian group Maxis in acquiring Aircel in exchange for a kickback of approximately Rs 700 crore.

The court also discharged Kalanithi's wife Kavery Kalanithi, South Asia FM Ltd (SAFL) Managing Director K Shanmugam and two companies – SAFL and Sun Direct TV Pvt Ltd (SDTPL) – in two different cases.

The Central Bureau of Investigation (CBI) court on December 19, 2016, deferred pronouncing its orders against the Maran brothers and others to December 22.

A special 2G court had earlier, on September 17 last year, dismissed the applications filed by the ex-telecom minister and his brother challenging its jurisdiction to try the Aircel-Maxis deal case in which they have been summoned as accused.

Pronouncing the order, the court had then said, "There is no manner of doubt that by the standard of subject matter and periodicity of alleged crime, the case fairly/squarely falls within the description/designation of the 2G scam."

The Maran brothers challenged the jurisdiction of the special 2G court in both cases lodged by the ED and the CBI.

The ED alleged that two firms, SAFL and SDTPL, had received Rs 742.58 crore as "proceeds of crime" from Mauritius-based firms and that the two firms were then allegedly controlled by Kalanithi Maran.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2017 | 10:11 AM IST

Next Story