India's federal police have filed charges against a Malaysian tycoon, a former minister and his media mogul brother over alleged corruption to help Maxis group take control of an Indian mobile phone carrier eight years ago.
Malaysia's second-richest man T Ananda Krishnan (left), his aide Augustus Ralph Marshall, South Indian politician Dayanidhi Maran - who was India's telecommunications minister between 2004 and 2007 - and his brother billionaire Kalanithi Maran, are among those named in the charge sheet filed in a New Delhi court on Friday, a police spokeswoman said.
The case is separate from a massive scandal that a state auditor said had lost the government about US$29 billion during a 2008 telecoms permits sale process. Another former telecoms minister and several company executives are among the accused in an ongoing trial over that case.
The Central Bureau of Investigation (CBI), India's top crime-fighting agency, started investigating Ananda and the Maran brothers in 2011 after allegations that the telecoms minister had forced the sale of mobile carrier Aircel, allowing Ananda's Maxis to acquire a controlling stake in 2006.
"The investigation revealed that the then (telecoms minister) had allegedly abused (his) official position and constricted the business environment of Chennai-based private firm on frivolous grounds with an intent to force its exit from telecom business and its sale to Malaysia-based company," the CBI said in a statement on Friday.
Allegations unfounded
Companies controlled by billionaire Kalanithi Maran's Sun Group, which runs a media business including television channels and satellite TV services, had received "illegal gratification" totaling about 7.42 billion rupees (US$123 million), the CBI said. About 5.49 billion rupees of it was "in the garb of" the premium paid for the purchase of a stake in a Sun Group company, the agency said.
The charges against the Marans, Krishnan and his aide include criminal conspiracy, the CBI said. Astro All Asia Networks Plc, Maxis Communications Bhd, South Asia Entertainment Holdings Ltd - all part of Ananda Krishnan's business empire - and Sun Group's Sun Direct TV Pvt Ltd have also been named in the police charge sheet.
A spokeswoman for Maxis said she could not immediately comment. A Sun Group spokesman also declined comment. Dayanidhi Maran and Kalanithi Maran could not be immediately reached for a comment.
Dayanidhi Maran has previously denied any wrongdoing. Maxis had said in October 2011 that it was co-operating with the probe and was confident that the allegations against it would prove to be "unfounded and without basis."
- Reuters
Malaysia's second-richest man T Ananda Krishnan (left), his aide Augustus Ralph Marshall, South Indian politician Dayanidhi Maran - who was India's telecommunications minister between 2004 and 2007 - and his brother billionaire Kalanithi Maran, are among those named in the charge sheet filed in a New Delhi court on Friday, a police spokeswoman said.The case is separate from a massive scandal that a state auditor said had lost the government about US$29 billion during a 2008 telecoms permits sale process. Another former telecoms minister and several company executives are among the accused in an ongoing trial over that case.
The Central Bureau of Investigation (CBI), India's top crime-fighting agency, started investigating Ananda and the Maran brothers in 2011 after allegations that the telecoms minister had forced the sale of mobile carrier Aircel, allowing Ananda's Maxis to acquire a controlling stake in 2006.
"The investigation revealed that the then (telecoms minister) had allegedly abused (his) official position and constricted the business environment of Chennai-based private firm on frivolous grounds with an intent to force its exit from telecom business and its sale to Malaysia-based company," the CBI said in a statement on Friday.
Allegations unfounded
Companies controlled by billionaire Kalanithi Maran's Sun Group, which runs a media business including television channels and satellite TV services, had received "illegal gratification" totaling about 7.42 billion rupees (US$123 million), the CBI said. About 5.49 billion rupees of it was "in the garb of" the premium paid for the purchase of a stake in a Sun Group company, the agency said.
The charges against the Marans, Krishnan and his aide include criminal conspiracy, the CBI said. Astro All Asia Networks Plc, Maxis Communications Bhd, South Asia Entertainment Holdings Ltd - all part of Ananda Krishnan's business empire - and Sun Group's Sun Direct TV Pvt Ltd have also been named in the police charge sheet.
A spokeswoman for Maxis said she could not immediately comment. A Sun Group spokesman also declined comment. Dayanidhi Maran and Kalanithi Maran could not be immediately reached for a comment.
Dayanidhi Maran has previously denied any wrongdoing. Maxis had said in October 2011 that it was co-operating with the probe and was confident that the allegations against it would prove to be "unfounded and without basis."
- Reuters
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.