Jet Airways Founder Naresh Goyal Arrested by India's Enforcement Directorate
TL;DR
Naresh Goyal, the founder of Jet Airways, has been arrested by India's Enforcement Directorate in connection with an alleged money laundering case involving Canara Bank. Goyal was taken into custody under the Prevention of Money Laundering Act after a lengthy questioning session. Jet Airways, once India's largest private airline, filed for bankruptcy in 2019 and is currently facing challenges in its resolution plan.
Topics:worldbusiness#business#canara-bank#enforcement-directorate#jet-airways#money-laundering#naresh-goyal
Want the full story? Read the original reporting
Read on Reuters