Malaysia

Maxis, Anandakrishnan deny allegations of wrongdoing in Aircel acquisition

Maxis today has denied all allegations by India's Central Bureau of Investigation pertaining to its acqusition of Indian telecommunications company Aircel in 2006.

Last Friday, India's federal police filed charges against a former minister, his media mogul brother, and Malaysian tycoon T. Anandakrishnan over alleged corruption to help Malaysia's Maxis group take control of an Indian mobile phone carrier eight years ago.

South Indian politician Dayanidhi Maran, who was India's telecommunications minister between 2004 and 2007, and his brother billionaire Kalanithi Maran were named together with Anandakrishnan and his aide Ralph Marshall, in the charge sheet filed in a New Delhi court on Friday, a police spokeswoman said. – September 2, 2014.

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