Ex FBI Chief Freech is reported to have helped CBI to meet Sivasankaran to record the written statement of NRI businessman and Chairman of the Sterling Group, C Shivasankaran, shortly.
Let us see what Maran has to say on this.
The role of the NRI businessman could be critical to the next stage of investigations in the 2G scam. This is because Textiles Minister and former telecom minister Dayanidhi Maran is currently under attack for being in an A Raja-like situation to allegedly favour the Malasiya-based Maxis Group and its proprieter Ananda Krishnan in the award of 14 UASL licences for his company, Aircel.
And it was Shivasankaran, who in 2005 — after his applications for more licences were reportedly put in cold storage by the Telecom Ministry — sold his entire stake in Aircel to Maxis and their Indian partner, the Reddy family of Apollo Hospital with a 74% and 26% equity respectively.
The deal was struck for $1.08 billion and within a short time, all pending applications of Aircel were cleared by the Ministry along with seven more. Maran and Maxims now face allegations of…
a quid pro quo since months after the grant of new licences, group companies of Ananda Krishnan reportedly put in $150 million (approximately Rs 600 crore) into DMK-owned Sun TV.
We can wait for some more skeletons when Balwa who has agreed to become’ Approver’ starts to sing.
the goose of maran is cooked