Monday, December 21, 2020

Bombay HC rejects ED plea in Jet Airways case

Mumbai: Bombay high court on Monday rejected a plea made by Enforcement Directorate (ED) to challenge an order of the sessions court that was in favour of Jet Airways.

Sessions Judge had in October rejected the ED’s application to intervene in closure of a case of alleged cheating and criminal breach of trust registered against Jet Airways.

Additional solicitor general Anil Singh and counsel Shriram Shirsat for ED had in October sought urgent hearing before Justice Revati Mohite Dere as it was a case of closure filed before the magistrate’s court in the case against Jet Airways (India) Ltd and Naresh Goyal.

The ED’s case was that the "closure report was merely an eyewash" and the case against Jet Airways is not a mere case of a business loss as concluded by the police, "but money was being diverted to foreign bank accounts as proceeds of crime". It said the complainant Akbar Travels of India had submitted details of alleged offshore accounts.

21/12/20 Swati Deshpande/Times of India

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