Jet Airways Founder Naresh Goyal Arrested by ED

1 min read
Source: Greatandhra
Jet Airways Founder Naresh Goyal Arrested by ED
Photo: Greatandhra
TL;DR Summary

Naresh Goyal, the founder of Jet Airways, has been arrested by the Enforcement Directorate (ED) in a money laundering case related to an alleged bank fraud of Rs 538 crore at Canara Bank. Goyal is expected to be produced before a special PMLA court in Mumbai, and the ED will seek his custodial remand. The case stems from an FIR filed by the Central Bureau of Investigation (CBI) against Jet Airways, Goyal, his wife Anita, and former company executives. Jet Airways ceased operations in 2019 due to financial difficulties.

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