ED arrests Jet Airways founder Naresh Goyal in bank fraud

September 2, 2023 - PatialaPolitics

ED arrests Jet Airways founder Naresh Goyal in bank fraud

The Enforcement Directorate late Friday night arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of ₹538 crore at the Canara Bank, official sources said. He was taken into custody under the Prevention of Money Laundering Act (PMLA) following a long session of questioning at the central agency’s office. Canara Bank had filed a complaint in May against the airline, Goyal, his wife and a former airline director for “causing wrongful loss” to the lender.