Dubious and personal expenses of Rs 1,000 crore were made from bank-loan funds for Jet Airways founder Naresh Goyal and his family members even as the airline diverted money to some tax havens, the Enforcement Directorate (ED) alleged on Saturday, after arresting the businessman in a money-laundering case.
Goyal (74) was taken into custody late on Friday night after the central probe agency took him to its Mumbai office from Delhi.
A special court set up to deal with cases lodged under the Prevention of Money Laundering Act (PMLA) on Saturday sent him to the ED s custody for 10 days, till September 11.
Jet Airways founder Naresh Goyal was arrested by the Enforcement Directorate on Friday night in a money laundering case linked to an alleged fraud at the Canara Bank.
Jet Airways founder Naresh Goyal arrested in ₹538 crore bank fraud money laundering case thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
ED arrests Jet Airways founder Naresh Goyal in bank fraud case thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.