ED charges Marans in Aircel-Maxis case

The Enforcement Directorate on Friday filed the charge sheet in the Aircel-Maxis money laundering case before a special 2G court.

The ED named Dayanidhi Maran, Kalanidhi Maran and four others in the charge sheet.

The Aircel-Maxis deal came under the scanner after Aircel owner C. Sivasankaran lodged a complaint in 2011 with the CBI alleging that he was pressurised to sell his stakes to Maxis.

In October 2011, the CBI filed a case alleging that Mr. Sivasankaran, who had applied for spectrum licence, was coerced into selling his company to Maxis. It is later alleged that the Maxis Group, which bought 74 per cent stakes in Aircel in March 2006, invested Rs.742 crore in Sun Direct between 2007 and 2009.