Saturday, 5 November 2011

Sun TV Wrong doing is not Astro’s fault

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Mal by Sun TV is not the fault Astro

Astro in Malaysia has denied accusations that its 20% in India, the direct solar satellite transmitter was a quid pro quo for the purchase of Telco Aircel India by sister company Maxis Communications Bhd (MCB), according with the local press.

The Indian businessman and former owner of Aircel, C. Sivasankaran, it is claimed that he had to face the pressure to sell Aircel is very Dayandidhi MCB Communications Minister Mara, and the bet Astro straight home (DTH) Involvement of direct sunlight, owned by Maran's brother, was just a lot of shows.

In a letter to the head of the Indian Central Bureau of Investigation (CBI), dated October 10, all networks in Asia Astro refuted the allegations and determine its relationship with Sun TV, which it believed was in 1996 - according to The Star in Malaysia.

Astro would say that due to the regulation of broadcasting in India on foreign direct investment, which was initially limited to the purchase of Tamil Sun TV programs on their own pay-TV platform, despite wanting to be more involved in the television industry in India. It also states that have explored the possibilities of Doordarshan, India TV and Zee TV Business Group.

However, in early 2004, a letter reportedly states Astro and Sun have continued their discussions, and will launch directly from the home (DTH) satellite service jointly. Astro Council finally approved the investment of venture direct sun in the month of October 2006.

Last week, the CBI has registered a case through the First Information Report (FIR) of the alleged criminal conspiracy and Maxi-Aircel to deal with the owner of Astro Malaysian billionaire and the MCB, R Ananda Krishan, his senior by Ralph Marshall Indian political, Dayanidhi Maran and his brother and owner of Sun TV network Kalanidhi Maran.

CBI also raided the homes and offices, Kalanidhi and Dayanidhi Maran in New Delhi, Chennai and Hyderabad on October 10

MCB paid U.S. $ 800 million to buy a stake of 74% in Aircel of 30 December 2005 to Sivasankaran through Siva Ventures Ltd. The company denies any wrongdoing in the agreement, which he claims Sivasankaran concluded voluntarily.

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