Former Telecom Minister Dayanidhi Maran had "pressurised" and "forced" Chennai-based telecom promoter C Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006, the CBI on Thursday told a special court.
The CBI has completed its probe against former telecom minister Dayanidhi Maran and others in 2G scam and will approach the Centre for taking sanction for prosecution, the agency told the Supreme Court.
The sources said the matter should have been referred to the Cabinet Committee on Economic Affairs as foreign investments above Rs 600 crore (Rs 6 billion) can only be cleared by Cabinet Committee on Economic Affairs headed by the Prime Minister.
In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
The voyeurism and poor taste on display in the reportage of the murder case involving Mukerjea's wife reflect the mindset of the society we live in and the media we are exposed to
On this technological revolution, we are 7-10 years behind the US. So, the threat to newspapers doesn't exist now, says Trai Chairman Rahul Khullar.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
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