Aircel-Maxis deal: CBI to seek details of money trail from UK, Bermuda

PTI Updated - February 29, 2012 at 04:48 PM.

The CBI will soon send judicial requests to Bermuda and the UK seeking details of the money trail in the Aircel-Maxis deal in which the former Telecom Minister, Mr Dayanidhi Maran, is an accused.

The agency has alleged that Mr Maran had received Rs 547 crore as kickbacks from the Malaysian telecom company, sources said. These allegations have been refuted by Mr Maran.

Tracking the money trail, the CBI probe has reached the shores of the Caribbean island of Bermuda and the UK from where the money was routed to reach Indian companies, agency sources said.

They said the agency might send Letters Rogatory in the first week of March to the UK and Bermuda besides Malaysia and Mauritius as planned earlier.

The agency had earlier confined its probe to Malaysia and Mauritius in connection with the alleged routing of money in the takeover of Aircel by Malaysian giant Maxis, they said.

Besides Mr Maran, the CBI had also accused his brother Mr Kalanithi Maran, SUN Direct TV Pvt Director; Chairman of Maxis Communication, Mr T. Ananda Krishnan; senior executive of Astro All Asia Network and Maxis, Mr Ralph Marshall; and three companies — Astro All Asia Networks, Sun Direct TV and Maxis Communications — of complicity.

It has been alleged by the former Aircel chief, Mr C. Sivasankaran, that Mr Maran as the then Telecom Minister favoured Maxis group in the takeover of his company and in return investments were made by the company through Astro Network in Sun TV, owned by the Maran family.

Sources in the CBI claimed that quid-pro-quo on part of the then Telecom Minister has been established in the probe. It has also been proved during the CBI probe that there is direct evidence the files of Mr Sivasankaran were deliberately delayed, sources said.

Published on February 29, 2012 10:39