Aircel-Maxis case: ED attaches Maran brothers’ property worth Rs 724 cr

This development is seen as a spoiler for DMK in 2016 assembly polls

shivani

Shivani Chaturvedi | April 2, 2015 | Chennai


#aircel maxis case   #enforcement directorate maran   #maran dmk  

Enforcement directorate ordered attachment of the properties of former telecom minister Dayanidhi Maran and his brother Kalanithi Maran and wife Kaveri Kalanithi valued at Rs 724 crore on Wednesday.

The ED is conducting an investigation under the Prevention of Money Laundering Act, based on Central Bureau of Investigation (CBI) findings that the former telecom minister had allegedly received illegal gratification from Maxis.

Chennai-based political observers say, the development is going to further spoil DMK’s chances in the state assembly elections in 2016 Marans are close relatives of DMK chief M Karnunanidhi.

Gnani Sankaran, a city-based political analyst says, “There is a disproportionate assets case against former Tamil Nadu chief minister J Jayalalithaa but the DMK cannot capitalise this opportunity because of 2G scam and then Aircel-Maxis deal case against Maran brothers.

So it has certainly weakened the DMK.” He adds, “If MK Stalin, the party treasurer and younger son of M Karunanidhi, takes a stand and decides to suspend tainted people in his party like Maran, Raja and Kanimozhi, it could come as a damage control measure. Stalin himself is not tainted so that is an advantage for the party.” 

Sources close to DMK say, there were times when Karunanidhi was unhappy with the Marans as they were using party’s goodwill to get plum business deals without making the party richer. The Maran family, used the political clout to build a profitable business empire that ranged from television stations to airlines. However, the airlines, Spicejet, of Kalanidhi Maran, had to be put on sale to save it from crashing out of business.

Moreover, DMK also does not like him because he is far removed from the cadre and they see him as someone who has amassed wealth only for himself. There were also whispers that during Lok Sabha elections Dayanidhi had not contributed enough to the party for the polls.
 

Comments

 

Other News

PNB fraud: Why we need banking reforms

Billionaire jeweller Nirav Modi, whose properties are being searched after Punjab National Bank reported a massive fraud of Rs 11,000 crore, is a good reason why banking reforms

Gender based atrocities happens across the world: Dr Rashmi M Oza

“Gender based discrimination is worldwide and not alone in India. Offences against women are much more severe in cases of international trafficking, forced prostitution and pornography, women including migrant and refugee women face double barriers on virtue of their gender,"said Dr Rashmi M Oza

Rashtrapati Bhawan hosts LPG Panchayat for beneficiaries

A group of 104 women beneficiaries of the Pradhan Mantri Ujjwala Yojana participated and shared their experiences at LPG Panchayat organised at the Rashtrapati Bhawan on February 13. The women delegation, falling under the BPL category, came across 27 states to narrate their success stories

Bengaluru metro gets coach unit from BEML

BEML Ltd, a defence PSU, has delivered the first intermediate metro coach (car) unit to Bengaluru Metro Rail Corporation Limited (BMRCL). The intermediate car would be integrated with the existing three-car train sets to double the present passenger carrying capacity of the Bengaluru’

BHEL gets order for emission control equipment from NTPC

BHEL has got Rs 560 crore order for the supply and installation of flue gas desulphurisation (FGD) system from NTPC for 2x490 MW National Capital Power Station (NCPS). The Indian power sector has seen an uptick in the ordering of emission control equipment due to the revised and more stringe

UBI: The devil is in the detail

Instituting Universal Basic Income (UBI) requires public support spanning demographic lines, executive backing, and strong macroeconomic fundamentals. Weaken any leg of this tripod, and the redistributive preferences of any government may shift in favour of traditional welfare support and focusing on econo

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter