Aircel-Maxis deal: judge posts case against Marans for 18 Jan

09 Jan 2016

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The court of Special Judge O P Saini in Delhi, looking into cases related to the 2G scam, has fixed 18 January as the date for consideration and taking cognisance of the complaint filed by the Enforcement Directorate against the former telecom minister Dayanidhi Maran, his brother Kalanithi Maran, his wife Kaveri Kalanithi and others in a money laundering case.

The complaint is a spin-off of the corruption case lodged by the Central Bureau of Investigation in the Aircel-Maxis deal.

The complaint alleged that Rs 742.58 crore was paid for Dayanidhi Maran by two Mauritius-based companies through Sun Direct TV Pvt Ltd (SDTPL) and South Asia FM Ltd (SAFL).

The two companies are owned and controlled by Kalanithi Maran, and the money was utilised by these companies for their business, the complaint alleged.

Dayanidhi Maran obtained the proceeds of crime (Rs742.58 crore) by camouflaging it as capital contribution in SDTPL and SAFL and thus committed the offence of money laundering under the Prevention of Money Laundering Act, the complaint said.

SDTPL is owned and controlled by. Kalanithi Maran and Kaveri Kalanithi, who are the chairman and director of the company respectively. It received the proceeds of crime, Rs549.03 crore, for. Dayanidhi Maran in the guise of foreign investment, which was consumed by it in its business, the complaint said.

SAFL received Rs193.55 crore for Dayanidhi Maran by projecting it as capital contribution received by the company.

This amount was also consumed by SAFL in its business.

The ED has already attached the assets of Dayanidhi Maran, Kalanithi Maran and Kaveri Kalanithi and other accused equivalent to proceeds of crime of (Rs742.58 crore).

 

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