HomeNewsTrendsCurrent AffairsAircel-Maxis deal: ED attaches Rs 742cr assets of Marans

Aircel-Maxis deal: ED attaches Rs 742cr assets of Marans

CBI had alleged in the court that Dayanidhi Maran had "pressured" and "forced" Chennai-based telecom promoter C. Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006.

April 02, 2015 / 14:38 IST
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Enforcement Directorate on Wednesday attached Maran Brothers' assets worth Rs 742 crore to the Aircel-Maxis case.

Maran brothers are facing charges of money laundering. CBI has listed Maran Brothers in the 2G spectrum case charge sheet for the offences punishable under section 120-B (criminal conspiracy) of the IPC and under relevant provisions of the Prevention of Corruption Act.

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CBI had alleged in the court that Dayanidhi Maran had "pressured" and "forced" Chennai-based telecom promoter C. Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006.

On August 29 last year, the CBI had filed the charge sheet in the case containing the names of 151 prosecution witnesses and a set of 655 documents, on which it has relied upon during its probe.

first published: Apr 1, 2015 09:25 pm

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