Jet Airways founder Naresh Goyal arrested in ₹538 crore bank fraud money laundering case - BusinessLine

Naresh Goyal, the founder of Jet Airways, has been arrested by the Enforcement Directorate in a money laundering case related to a bank fraud of ₹538 crore ($72 million) at Canara Bank. Goyal, along with his wife and former company executives, is accused of fraudulently siphoning off funds from Jet Airways. He is expected to appear before a special court on Saturday. The Central Bureau of Investigation had previously registered a fraud case against Jet Airways based on Canara Bank's complaint.

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