The Enforcement Directorate attached on Wednesday assets worth Rs 742 crore in the name of Maran brothers in the Aircel-Maxis case, the Press Trust of India reported.
The CBI filed a chargesheet in August 2014, saying they had evidence that former telecom minister Dayanidhi Maran, his brother Kalanithi Maran, Malaysian businessman T Ananda Krishnan and four others were involved in the dubious deal where Krishnan allegedly paid over Rs 3,390 crore for 74% equity in cellular services company Aircel in 2006. The telecom ministry granted Aircel licences to operate in 14 cash-rich circles.
The CBI in its chargesheet said the former telecom minister used his influence to help Krishnan acquire Aircel by coercing its owner C Sivasankaran to part with his stake. The investigating agency booked all accused under charges of criminal conspiracy and under provisions of the Prevention of Corruption Act.
Sivasankaran alleged that Maran favoured the Maxis Group in the takeover of his company, saying Maxis in return, made investments through Astro Network in a company owned by the Maran family.
Four companies — Chennai-based Sun Direct TV, UK-based Astro All Asia Networks, Maxis Communications Berhad of Malaysia and the South Asia Entertainment Holdings of Mauritius — have been also named in the CBI chargesheet.
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