ED arrests Jet founder Naresh Goyal in alleged money laundering case
Jet Airways, Naresh Goyal, in an alleged money laundering case after having questioned him in Mumbai through the day.
Goyal will be produced before a special Prevention of Money Laundering Act (PMLA) court on Saturday.
In July, the agency had registered a fresh money laundering case against Goyal, his wife Anita and others based on the first information report (FIR) registered by the Central Bureau of Investigation (CBI) for allegedly defrauding the state-owned Canara Bank of ₹538.62 crore.
After the enforcement case information report (ECIR), the ED also conducted searches in Mumbai and Delhi including at premises of those linked to the Goyals and the erstwhile auditor of the airline.
Earlier in February, the division bench of Justice Revati Mohite-Dere and Prithviraj Chavan of the Bombay High Court had quashed the ED's money laundering case against the couple. The Bench had, however, observed that if any fresh case is registered against the couple by any law enforcement agency, the ED could probe them.
According to sources, the fresh money laundering case is based on the recent FIR filed by the CBI against Goyal in which Canara Bank is the complainant.
A predicate offence is a must for the ED to register a money laundering case under PMLA.
Details of complaint
Goyal's lawyer wasn't immediately available for comment. In the past, Goyal had denied allegations of wrongdoing.
The CBI's FIR said a complaint was submitted by the chief general manager, recovery and legal section, at Canara Bank, Bandra Kurla Complex in Mumbai, alleging criminal conspiracy, criminal breach of trust and criminal misconduct by the accused, causing the bank a wrongful loss of Rs 538.62 crore.
The complaint said that JIL, promoted by Tail Winds
