Two private companies’ executives on Friday informed a special court here that their employers had paid Rs. 125 crore to the DMK-owned Kalaignar TV under the long term advertisement contracts in 2011.
The two witnesses — R. Muralidhar, vice-president of India Cements Limited, and S. Ananda Prasad, a senior general manager (taxation) of United Spirits Ltd., were deposing as prosecution witnesses in the 2G-related money laundering case before Special Judge O.P. Saini.
“Rs. 60 crore was paid to Kalaignar TV (P) Limited in 2011. India Cements Ltd had not committed any illegality by entering into the contract with Kalaignar TV Pvt. Ltd.,” Mr. Muralidhar said.
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