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KINIBIZ Maxis Communications Bhd (MCB) has denied any allegation of wrongdoing  with regard to charges filed against tycoon Ananda Krishnan and Maxis director Ralph Marshall in India over telecommunications deals done in that country.

“MCB firmly believes that the allegations are totally unfounded and the charge-sheet has been filed without basis,” the company said in the statement today.

MCB is the holding company for Bursa Malaysia-listed Maxis Berhad.

Explaining this further, MCB said that it understood from various Indian media reports that India’s Central Bureau of Investigation (CBI) had approached the Malaysian government through the Letters Rogatory as part of its investigations.

"Apparently, the CBI in its status reports to the Supreme Court of India has also stated that the Letters Rogatory have not been complied with. The CBI has, it appears, elected to proceed with the charge sheet instead of properly completing its investigations with Malaysia in accordance with Malaysian and Indian law."

For the full story go to KiniBiz .

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