Bombay HC rejects ED plea on Jet Airways

Mumbai, Dec 21 (UNI) The Bombay High Court on Monday rejected the Enforcement Directorate( ED)’s plea, challenging the sessions court order of alleged cheating and criminal breach of trust registered against Jet Airways. In October, the sessions court rejected the ED’s application to intervene in the closure of the case against the cash-strapped airlines.

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 its Chairman Naresh Goyal.

The ED’s case was that the “closure report was merely an eyewash” and the case against the 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”.

The agency had also said that the complainant Akbar Travels of India had submitted details of alleged offshore accounts.


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