ED attaches Marans' assets worth Rs 742 cr in Aircel-Maxis case - SD's Future in dark

[Bishnu15]

The Enforcement Directorate (ED) on Wednesday attached assets worth Rs.742.58 crore in the name of former telecom minister Dayanidhi Maran, his businessman brother Kalanithi and other family members in connection with its money laundering probe in the Aircel-Maxis deal. The agency, which has questioned the Maran brothers more than once in the last few months, issued the attachment order under the provisions of the Prevention of Money Laundering Act (PMLA), ED sources said. Amongst the assets attached are a huge amount of fixed deposits (FDs) and mutual funds held largely by his brother and Sun TV MD Kalanithi. Some assets of Kalanithi’s wife Kaveri have also been attached. The individual assets include FDs held by Dayanidhi and others worth Rs.7.47 crore, FD worth Rs.100 crore and mutual funds worth Rs.2.78 crore held by Kalanithi. His wife’s FDs worth Rs.1.30 crore and mutual funds of Rs.1.78 crore were also put under attachment. An official order said “that illegal gratification of Rs.742.58 crore was paid by the companies based in Mauritius for Dayanidhi in the two companies namely Ms Sun Direct TV Pvt. Ltd (SDTPL) and Ms South Asia FM Ltd (SAFL). These two companies are owned and controlled by Kalanithi. The money has been utilised by the companies in their business or investments.

Read more at: Aircel-Maxis deal: ED attaches Marans’ Rs742 crore assets - Livemint

Horrible ! :wall Sun Direct's future is in dark !

 

[SarfaRaZ]

Ohh no Now SD's future Is Really Going Towards Dark

 

[Nikhil3]

Bro 8f Sundirect future has any problems the court will also issues an order about Sundirect i think Sun will introduce new capital in Sundirect

 

[hirffa]

742 crore of property attached which include almost all properties of Sun direct. They can't do any sort of business now. If they wish to buy transponders then they won't be able to find any cash or even able to link resources to attached source. I fear that sun direct employees won't get any salary from next month onwards. This is it. Friends please don't go for long yearly packs . Something big but surely it will be trouble ahead for all of us.

 

[hirffa]

In the upcoming months Sun direct employees may won't get any salary. So someway or another way my Sun direct will breath it's last breath in no time.

 

[Nikhil3]

If we are cheated supreme court will.also have some responsibility because they want to take a good decision for customers

 

[aravindan]

Few days back, A News break out that Sun tried to sell it's whole network to Reliance.
But their negotiations failed..
Now we come to know the reason behind Sun Network's move to sell it's company..

 

[Nikhil3]

Reliance is the last hope for Sundirect users

 

[hirffa]

No one can't take Sun direct right now. if there properties are attached they can't sell at there will. Now there is no role for Sun in sun direct.

 

[Bishnu15]

Ab Har Ghar Mein Sun lekin Gone gona gone gone ! instead of Tan Tana Tan Tan.