Marans got Rs 550cr bribe in Aircel-Maxis deal: CBI

July 27, 2012

CBI

New Delhi, July 27: The Central Bureau of Investigation is poised to file a charge-sheet against DMK leader and former telecom minister Dayanidhi Maran and his brother Kalanithi for allegedly receiving Rs 549 crore for their role in the acquisition of Aircel by Malaysia-based firm Maxis.

CBI sources on Thursday said the agency had questioned Dayanidhi recently, adding that other high-profile connections were also under investigation.

CBI has almost concluded investigations in the Aircel-Maxis case and has claimed illegal gratification was accepted by Dayanidhi through Kalanithi in the garb of premium share investment in family-controlled Sun Direct. The agency also claimed that as telecom minister, he blocked the legitimate requests of Dishnet DSL, paving the way for the Maxis takeover.

In a status report to the Joint Parliamentary Committee on telecom on Tuesday, CBI said mala fide considerations and an "illegal gratification" of Rs 549 crore were behind the "active intervention" of Dayanidhi and Kalanithi in curbing the business interests of Aircel's former owner C Sivasankaran.

When contacted, Dayanidhi told TOI that he did not want to offer any comment on the CBI report to JPC. He said he would not comment on a report said to have been presented to a parliamentary committee. "Only when a report is presented to Parliament can I comment on it," he said.

Alleging a Maran-Maxis nexus, CBI said, "It is prima facie revealed that the active intervention of Dayanidhi Maran and his brother Kalanithi Maran in restricting business environment of Siva Group, change of ownership to M/s Maxis Communications and undue favours post this change was for mala fide considerations."

In its report, CBI said "undue favours" were offered to Maxis even after it took over Aircel and these were part of a plan involving Dayanidhi when he was telecom minister in UPA-1.

"An illegal gratification of Rs 549,96,01,793 was accepted as quid pro quo through his brother Kalanithi Maran in the garb of share premium invested in Sun Direct by M/s South Asia Entertainment Holdings which was a fully owned subsidiary of M/s Astro All Asia Networks," the CBI said.

The agency said Dayanidhi delayed grant of licences in seven telecom circles to Aircel and other approvals pending before DoT on "frivolous grounds" with the intention of forcing its exit from the telecom business.

Backing Sivasankaran's allegations that he was arm-twisted into selling Aircel to Maxis, CBI said Dayanidhi "rendered disservice to Dishnet (Aircel) paving the way for Maxis to acquire Aircel from Sivasankaran".

CBI said one Ralph Marshall of Maxis, on behalf of the firm's owner Ananda Krishnan, was in touch with Dayanidhi and Kalanithi prior to Aircel changing hands.

Pointing to how the attitude of DoT changed once Maxis took over Aircel, CBI said application for issuance of licences and other requests pending for long were acceded to and "undue favour was given to these companies for which alleged illegal gratification was paid by M/s Astro All Asia Networks to M/s Sun Direct of Kalanithi in the garb of purchase of its shares at a premium of Rs 69.57 a share".

The CBI probe showed directions were issued that show-cause notices be linked with issuance of licences, halting grant of licences to Dishnet. "Delays in allocation of licences to Dishnet and allocation of spectrum to it for various circles resulted in loss of revenue to Department of Telecom (DoT) which could have accrued by way of entry fee, licence fee and spectrum charges," agency sources said.


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News Network
May 12,2020

New Delhi, May 12: A total of 12 special evacuation flights from across the globe will bring home stranded Indians on the sixth day of 'Vande Bharat Mission' on Tuesday.

The special flights include Air India flight from Manila to Ahmedabad, London to Hyderabad, Newark-Mumbai-Ahmedabad, AI flight from Singapore to Delhi, AI flight from Dhaka to Srinagar, Dammam to Kochi, Kuala Lumpur to Mumbai, Manila to Delhi, Muscat to Chennai, Dubai to Kannur, Dubai to Mangalore and Singapore-Bengaluru-Kochi.

Amidst the coronavirus pandemic, India is conducting 'Vande Bharat' Mission -- its biggest ever repatriation exercise since independence -- to bring back stranded Indians from abroad, including from the US, the UAE and the UK.

On the fifth day of Vande Bharat Mission, as many as 1,667 Indian nationals were repatriated from different countries in eight special flights.

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Agencies
May 17,2020

New Delhi, May 17: Following the COVID-19-induced economic disruptions, up to 135 million jobs could be lost and 120 million people might be pushed back into poverty in India, all of which will have a hit on consumer income, spending and savings, says a report.

According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP).

"Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.

India's COVID-19 tally has crossed 90,000 and the nationwide death toll has touched nearly 2,800 so far.

The report titled "India: Surmounting the economic challenges posed by COVID-19: A 10-point programme to revive and power India's post-COVID economy" said the 'collateral damage' of the forecasted GDP slowdown, will be felt most acutely in employment, poverty alleviation, per-capita income and overall nominal GDP.

"Unemployment may rise to 35 per cent from 7.6 per cent resulting in 136 million jobs lost and a total of 174 million unemployed. Poverty alleviation will receive a set-back, significantly changing the fortunes of many, putting 120 million people into poverty and 40 million into abject poverty," the report said.

"India is headed towards a W-shaped economic recovery with a potential GDP contraction of 10.8 per cent in FY21. An opportunity loss of USD 1 trillion is staring India in its face," said Barnik Chitran Maitra, lead author of the report and Managing Partner & CEO of Arthur D Little, India and South Asia.

Maitra further said "for its USD 5 trillion vision, a radical economic approach is needed, centred on an immediate stimulus and structural reforms. The Prime Minister's visionary 'Atma Nirbhar Bharat Abhiyan' is a good start to this new approach."

The report lauded the steps taken by the government and the Reserve Bank of India, but said a far more assertive approach may be required given the magnitude of the adverse economic output.

The report suggested a 10-point programme to accelerate the recovery which include strengthening the 'safety net' significantly for the most vulnerable, enable survival of small and medium businesses, restarting the rural economy and providing targeted assistance to at-risk sectors.

It further said the government should launch "Make in India 2.0" to capture global opportunities, build 'Modern India', accelerate Digital India and Innovation, strengthen global investment corridors with the US, UAE, Saudi Arabia, Japan and the UK, debottleneck land and labour and transform banking and financial markets in a bid to secure a sustainable economic future for 1.3 billion Indians. 

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Agencies
March 7,2020

New Delhi, Mar 7: Bhim Army chief Chandrashekhar Azad has taunted Bahujan Samaj Party chief Mayawati saying that she has lost her way. He also said that one will have to work for the larger interest of the society to bring about equality. Only the speeches cannot improve the condition of the Dalits, their participation in power must increase.

In an interview with media persons, Chandrashekhar said: "Members of minority community, Dalits and backward classes are being targeted in the country. Their rights are being taken away. Our workers want that they too should get equal share in political power. Keeping this in mind, we are going to form a new political party on March 15. Their (Dalits) issues will have to be raised. Mere speeches will not work for Bahujan society, one has to raise voice in their favour. They should get a share in power."

On the question that how he would find a foothold in view of large political base of the BSP, Chandrashekhar said, "We are not looking for an alternative. Look at the crores of Muslims, Dalits, members of backward community and minorities. We have to protect their interests. We have a large organisation in the state. Our Bharat Bandh was also successful".

On the question that with which party he will forge an alliance in 2022 after forming his party on March 15, Chandrashekhar said: "When we are forming our party then we don't need to go seeking alliance with anyone. Our party will be formed on the basis of some principles. Whoever will find it suitable will come close to us".

On meeting with Yogi government's former minister Om Prakash Rajbhar, he said that Rajbhar is not a controversial person. He is a big backward leader. He raises voice in favour of the backwards in the Assembly. He also supported us when I was in jail. We talked about how to stop the BJP and will take all necessary steps to prevent the BJP from coming back to power.

When asked why he had several run-ins with the police, Chandrashekhar said: "Ask this question to the police. Have I broken any law? Am I not a citizen of this country? There is no freedom of speech in the Yogi government. This is happening at the behest of the government. We are just opposing it".

Talking about the CAA, NRC and the NPR, he said: "We will not stage protest because the government does not want it. Any law which is wrong in our view will be opposed. This is a secular country. The CAA will divide the country. If there is anything against the Indian Constitution, we will raise our voice. Laws will not be allowed to be made on the basis of religion".

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