Explained: Bank Fraud That Led To Arrest Of Jet Airways Founder Naresh Goyal
NDTV
Mr Goyal was taken into custody under the Prevention of Money Laundering Act.
Jet Airways founder Naresh Goyal was arrested by the Enforcement Directorate (ED) on Friday night in an alleged Rs 538-crore money laundering case linked to loans and credit lines given to the airline by Canara Bank.
Mr Goyal was taken into custody under the Prevention of Money Laundering Act and is expected to be produced before a special PMLA court in Mumbai on Saturday.
The Basis Of The Case
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