Millennium Post

CBI reports progress on Aircel-Maxis probe: SC

The Supreme Court on Wednesday noted that a CBI report placed before it reflected ‘some progress’ in the overseas probe by the agency into the controversial Aircel-Maxis deal involving former telecom minister Dayanidhi Maran, but that there are ‘some difficulties’.

The deal also involved Kuala Lumpur-based business tycoon T Ananda Krishnan.

The NGO, Centre for Public Interest Litigation and Janata Party president Subramanian Swamy, had filed applications in the apex court alleging that Foreign Investment Promotion Board (FIPB) approval to the Aircel-Maxis deal was granted fraudulently.

‘Investigation with reference to subject matter of your application has made some progress, but there are some difficulties,’ a bench comprising justices G S Singhvi and K S Radhakrishnan told Swamy.

The remarks were made by the bench which perused the 21 February status report filed by the CBI regarding its probe which also included the overseas investigation. Senior advocate K K Venugopal, appearing for the CBI, had placed before the bench in a sealed cover the progress reports of the probe by the CBI and Enforcement Directorate.

The bench in its order noted that the CBI report also dealt with its probe into the alleged violation by FIPB in the Aircel-Maxis deal.

Venugopal told the bench that a CBI team had met with the Attorney General of Malaysia on March 21 and there was a detailed discussion based on the letters rogatory (LRs) sent to Kuala Lumpur.
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