DR. SUBRAMANIAN SWAMY pnp.ciavan Cabinet Minister for Commerce, Law & Justice (1990-91), Chairman (wth Cabinet rank), Commission on Labour ‘Standards and International Trade (1994-96) Former Professor of Economies, Indian Institute of is Technology, Dell & Faculty, Harvard University f Shri Karnal Singh, Director Enforcement Directorate 6" Floor Lok Nayak Bhavan New Delhi - 110003 Dear Shri Karnal Singh, Sub : Money laundering to Guernsey Island -MBER OF PARLIAMENT (Rajya Sabha) hes: ABTE, Pda Rand Neu De T3000 ProvedtFon 31 1125087278 Erna smart Siryepestanedoé July 13, 2017 the dubious Spice Jet- Maran brother’s Sun TV G, coup Money laundering in mid 2014 of the as-yet-to-be invest more than $150 mi jated dubious transfer of Spice Jet from Maran brothers owned Sun TV Group to the current owner Ajay Singh, at allegedly Rs, 2/- per share, as been conveyed to me confidentially by a normally reliable source. Though Spice Jet is and was a Listed company, it without informing the Stock Exchanges, sold by Aircel-Ma; to Ajay Singh at an un legally shares of Spice Jet were accused Kalanidhi Maran and family members ‘closed price as is required under law. This is a serious SEBI Act violation because prices were not formally and publically declared publically. As a follow up to this clandestine sale, more than $ 150 million dollars was transferred to a bank account in the secret banking tax haven Guernsey Island. "learn from my source that an information tip on this from an international agency engaged in prevention of money laundering, has alerted one of our agencies recently,However, since 2015 the Maran brothers and Ajay Singh have entered into a bitter legal tussle in Delhi High Court regarding the it egal share of shares, allegedly due to their remaining or impli balance money settlement. During court oral argument, Maran brothers & their Group declared that they had received Rs.2 per share only and some “promised balance” was not settled. This deal took place around the time in the Maran brothers were charge-sheeted by CBI and ED. Since this seeming and prima facie money laundering, linked to Sun TV Group, is therefore related to the ongoing probe by the ED. I therefore urge you to order a probe based on this information ing from the largely and mysterious Spice ‘on money laundering a! Jet shares “transfer” deal between the Maran brothers and the apparent owner Ajay Singh. + Yours truly Subramanian Swamy