Aircel-Maxis case: SC says Krishnan & Marshal must appear

NEW DELHI
3 Feb 2017

Malaysian business tycoon T Ananda Krishnan and top official of his Maxis Group Augustus Ralph Marshall, who are accused in Rs 742.58 crore Aircel-Maxis deal, Friday got a stern warning for "running away" from Indian court of law by the Supreme Court which said it will ensure that "there is no absconder".
The apex court, which in the earlier hearing had said it "cannot tolerate that a person uses India's national resources and evades the law," maintained that these accused must have to come and "answer summons of the court".
The top court took offence to their having evaded court summons and warrants in the case in which former Telecom Minister and DMK leader Dayanidhi Maran, his brother Kalanithi Maran and others were chargesheeted by CBI in a probe related to money trail of around Rs 600 crore allegedly used as bribe in the Aircel-Maxis deal.
Maran brothers were yesterday discharged in the case by a special court which had segregated the case of Krishnan and Marshal as they have failed to comply with summons to appear before it.
They were accused of pressuring and coercing Chennai-based telecom promoter C Sivasankaran, who got 2G licences in 2006, to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group.
When the matter came up for hearing today, a bench headed by Chief Justice J S Khehar said the Malaysian businessmen have not complied with its January 6 order which had clearly stated the non-appearance before the apex court would lead it to pass an order to restrain the earning of any revenue by the company from 2G spectrum licences.
The bench, also comprising Justices N V Ramana and D Y Chandrachud, said they will have to face the "consequences" for failing to appear before courts in India and it "might order auctioning of the spectrum allotted to Aircel-Maxis to recover the Rs 20,000 crore debt".
It said these Malaysian nationals, who have been summoned as accused in the Aircel-Maxis deal case, were not respecting the orders of the courts here and if they "don't care about the law and court's order" the apex court will deal with them. (PTI)