CBI quizzes Stan Chart officials on Aircel-Maxis

July 13, 2011 15:06

CBI today sought clarifications from Standard Chartered Bank officials in connection with its probe into former Aircel chief C Sivasankaran's allegations that the then Telecom Minister Dayanidhi Maran forced him to sell his company to Malaysia-based Maxis group in 2006.

The agency has registered a preliminary enquiry into sale of telecom spectrum during 2001-07.

Sources in the agency said Standard Chartered was the banker in the deal in which Maxis bought 74 per cent stake in Aircel. They said documents from the bank could provide crucial details about the financial transactions.

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