2G scam: ED registers case against Dayanidhi Maran

Dayanidhi Maran 300x237 2G scam: ED registers case against Dayanidhi MaranTime is going to be more difficult for former Union Minister Dayanidhi Maran as the Enforcement Directorate has registered a money laundering case against Dayanidhi Maran and his brother Kalanidhi in granting telecom licences in 2004-05.

As per report, the case registered under the Prevention of Money Laundering Act (PMLA), over an illegal gratification of Rs 550 crore, accepted through Kalanidhi in the Aircel-Maxis deal.

Reportedly, a contract between Anantha Krishnan –owned Maxis Communication and Sivashankaran-owned Aircel had dealt to invest Rs 550 crore in Sun TV and Sun DTH. In return Maxis got a stake of Aircel.

But this agreement, the change of ownership, was held at that time when the process of granting 2G licence to Aircel was not approved.

Dayanidhi Maran and his brother Kalanidhi, both are under the investigation made by CBI. With them, other former telecom secretary Shyamal Ghosh and DoT official JR Gupta are also included in the case over giving spectrum to the telecom companies at below-market price.

The telecom companies Bharti Cellular, Vodafone Essar, Hutchison Max and Sterling Cellular are charged for alleged irregularities in the granting of additional 2G spectrum.

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