Filing a review petition challenging the lower court's order quashing the CBI case against the owners of Sun TV, the Enforcement Directorate told the Delhi High Court that the special CBI court had failed to consider allegations of money laundering in the Aircel-Maxis case. The ED said that the lower court had "failed to appreciate" the role of the Marans in the Aircel-Maxis deal.
The ED said the special court had not considered key submissions and evidence of fraud committed by the corporate entities involved, and said that the Marans had used their corporations to launder money illegally.
The ED is looking to newly prosecute the Marans under the PMLA, the Prevention of Money Laundering Act. The ED has attached Maran assets worth Rs 748.5 crore in this case, and the ED's petition is likely to come up for review next week.