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Indian cops charge ex-minister, Malaysian tycoon
Anandakrishnan in telecoms scandal
The Malaysian Insider – Sat, Aug 30, 2014RELATED CONTENT
- Indian cops charge ex-minister, Malaysian tycoon Anandakrishnan in telecoms scan …
India's federal police have filed charges against a former minister, his media mogul brother, and Malaysian tycoon T. Anandakrishnan over alleged corruption to help Malaysia's Maxis group take control of an Indian mobile phone carrier eight years ago.
South Indian politician Dayanidhi Maran, who was India's telecommunications minister between 2004 and 2007, and his brother billionaire Kalanithi Maran were named together with Anandakrishnan and his aide Ralph Marshall, 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 (RM91.4 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 the Maran brothers andKrishnan in 2011 after allegations that the telecoms minister had forced the sale of mobile carrier Aircel, allowing Krishnan'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 yesterday.
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" totalling about 7.42 billion rupees (RM390 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, Anandakrishnan (pic) 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 Anandakrishnan'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 cooperating with the probe and was confident that the allegations against it would prove to be "unfounded and without basis." – Reuters, August 30, 2014.
