CEO of Sify Technologies arraigned

Published: 31st May 2013 08:45 AM  |   Last Updated: 31st May 2013 08:45 AM   |  A+A-

In a major development, the Economic Offences Wing of the Kozhikode Crime Branch has arraigned officials of a Chennai-based web hosting company as an accused in the Amway multilevel marketing fraud case.

According to Crime Branch officials, Sify Technologies is still continuing to provide its services to Amway, despite receiving a warning letter in regard to the issue three months ago. It is learnt that Sify Technologies CEO Kamal Nath has been charged with section 109 (abetment) of the Indian Penal Code and has been listed as the 14th accused. A warrant has also been issued by the Chief Judicial Magistrate Court in Kozhikode. Crime Branch had sent the warning letter to Sify after registering a case against Amway, following a complaint filed by one Vishalakshi of Chathamangalam.

“In the letter, we clearly pointed out that Amway India Enterprises has been engaged in money chain business in the state, which is illegal, and hence Sify should stop their services to Amway with immediate effect,” Superintendent of Police P A Valsan said. 


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