Aircel-Maxis: What is the case against P Chidambaram about

chidambaramOn Monday, the Central Bureau of Investigation told the Supreme Court that it is probing all possible angles of allegations that the former finance minister P Chidambaram had illegally given clearance to the Malaysian firm Maxis to buy 100 per cent of Aircel.

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Aircel-Maxis: CBI, ED challenge discharge of Maran brothers

KALANIDHI_MARAN_AN_2688684fNew Delhi, Feb 3: The CBI and ED will challenge the order that discharged the Maran brothers in the Aircel-Maxis case. The Patiala House court in Delhi had discharged Dayanidhi and Kalainithi Maran in both cases that were probed by the Central Bureau of Investigation and the Enforcement Directorate.

Arguing against the discharge in the Supreme Court, the counsel for the agencies said that the special court had erred in not ordering the discharged accused to furnish bail bonds. It is my duty to file the appeal, the prosecutor also submitted in the court. Further the counsel also urged the Supreme Court not to release the properties of the accused attached in connection with this case.

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Maran brothers discharged in Aircel-Maxis case

KALANIDHI_MARAN_AN_2688684fNew Delhi, Feb 2: Former telecom minister Dayanidhi Maran and his brother Kalanithi Maran were discharged in the Aircel-Maxis case. have been discharged in the Aircel-Maxis case. The Patiala House court discharged them and the other accused in both cases that were probed by the Central Bureau of Investigation and the Enforcement Directorate.
The court was to frame charges against former telecom minister, Dayanidhi and his brother Kalanidhi. The court however found no ground to proceed against Maran and the rest of the accused. The court also cited the lack of evidence while passing the order.
The ED had alleged that two firms, South Asia FM Limited and Sun Direct TV Private Ltd had received Rs 742.58 crore as proceeds of the crime from Mauritius based firms. The two firms were then allegedly controlled by Kalainithi, the investigation had claimed.

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Aircel-Maxis: SC to hear Chidambaram’s alleged link

chidambaramNew Delhi, Jan 7: The Supreme Court on Friday said that it would look into the role played by former finance minister P Chidambaram in the Aircel-Maxis deal. The court which had taken exception to the non-appearance by the owner of the Malaysian firm Axis said that it would deal with one issue at a time.

During the course of the arguments, BJP’s MP in the Rajya Sabha Subramanian Swamy, had asked the court to look into the role played by Chidambaram. He told the court that an illegality had been committed by the former finance minister in granting the FIBP clearance to the Aircel-Maxis deal.

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2G: SC bars Maxis from earning revenue till accused come to court

maran3801The Supreme Court on Friday restrained Maxis from earning any revenue from Aircel-Maxis’s 65 million mobile phone connections till further orders. As a result of this order the sale of 2G spectrum by Aircel-Maxis to Anil Ambani’s Reliance Communication and Bharti Airtel will be put on hold.
The Supreme Court took strong exception to the fact that the owner of the Malaysian firm Axis, Ananda Krishnan had not honored the summons issued by the court after the CBI had filed a chargesheet in the Aircel-Maxis scam.

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Aircel-Maxis: Order on framing of charges against Maran put off

maran3801The special CBI court has defered orders on the issue of framing charges against Dayanidhi Maran in the Aircel-Maxis case. The court will decide on this issue on January 19.

The framing of charges against former telecom minister Dayanidhi Maran was put on hold after he challenged the same. The court heard at length arguments on whether the the CBI had made out a case to frame charges or not.

Aircel-Maxis: Maran’s likely to tamper evidence, says ED

KALANIDHI_MARAN_AN_2688684fNew Delhi, Aug 2: The hampering and tampering of evidence in the Aircel-Maxis case by the Maran brothers cannot be ruled out.
This was one of the many submissions made by the Enforcement Directorate which is opposing the bail pleas of former Union Minister, Dayanidhi Maran and his brother Kalanidhi Maran.
The matter will now come up for hearing on August 27. The case on hand pertains to a complaint lodged by the CBI.

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Aircel-Maxis: Bail plea of Maran brothers adjourned to Aug 1

KALANIDHI_MARAN_AN_2688684fNew Delhi, July 21: A special CBI court on Thursday adjourned hearing on a bail plea filed by the Maran brothers in connection with the Aircel-Maxis case to August 1.
Former union minister, Dayanidhi Maran, his brother Kalanithi Maran and four others moved a CBI special court seeking bail in connection with the Aircel-Maxis money laundering case.

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Aircel-Maxis case: ED ups the ante on Marans

maran3801New Delhi, Feb 2: The Enforcement Directorate has decided to up the ante against former telecom minister, Dayanidhi Maran in connection with the Aircel-Maxis case.
The ED which probed the money laundering angle to this case said funds to the tune of Rs 742.58 crore had been generated illegally while also adding that the accused had participated in getting the proceeds through some Mauritius based entities.

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What is the ED probe against Karthi Chidambaram about

Enforcement Directorate and the Income Tax Department on Tuesday, Dec 1, furthered investigation against Karthi Chidambaram, son of former union minister P Chidambaram. Raids were conducted on firms linked to Karthi by sleuths of the Enforcement Directorate and the IT department in connection with the Aircel-Maxis scam. The raids come a few months after the ED had summoned two directors of a company owned Karti Chidambaram. They were questioned about an alleged financial transaction between the company owned by Karti and Aircel. The deal was allegedly made just before the company was given an approval from the foreign investment promotion board.
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