- A special PMLA court in Mumbai on Thursday (September 14) sent Naresh Goyal, founder of embattled Jet Airways, to judicial custody for 14 days.
- The court in Mumbai said on Thursday that Jet Airways founder Naresh Goyal would remain in judicial custody till September 28.
- Goyal had requested the court not send him to the Taloja Central Jail, and sent him to the Arthur Road Jail as it is closer to his home in Mumbai.
- The FIR was registered on the bank’s complaint which alleged that it sanctioned credit limits and loans to Jet Airways India Ltd to the tune of Rs 848.86 crore of which Rs 538.62 crore was outstanding.
- The money laundering case stems from an FIR of the Central Bureau of Investigation (CBI) against Jet Airways, Goyal, his wife Anita, and some former company executives.
- The Enforcement Directorate (ED) arrested Goyal on September 1 under the Prevention of Money Laundering Act (PMLA).
A special PMLA court in Mumbai on Thursday (September 14) sent Naresh Goyal, founder of embattled Jet Airways, to judicial custody for 14 days. The court gave the order after Goyal’s Enforcement Directorate (ED) custody ended today. The NRI businessman will be in judicial custody till September 28.
Goyal had requested the court not send him to the Taloja Central Jail, and sent him to the Arthur Road Jail as it is closer to his home in Mumbai. In his application, Goyal also said that his wife was suffering from cancer, and he wanted the court to send him to the nearest jail to his home. The Special PMLA Court on Thursday approved his application.
Considering Goyal’s deteriorating health, the judge has also ordered the jail to provide some necessary facilities to the Jet Airways founder. The judge said that home food, medicine, his own clothes, a medical bed, and a pillow should be provided to Goyal in jail.
The FIR was registered on the bank’s complaint which alleged that it sanctioned credit limits and loans to Jet Airways India Ltd to the tune of Rs 848.86 crore of which Rs 538.62 crore was outstanding.
A Mumbai court on Thursday remanded Jet Airways founder Naresh Goyal to 14-day judicial custody in a money laundering case linked to an alleged fraud of Rs 538 crore at the Canara Bank. Goyal was sent to judicial custody by the court as no further remand was sought by the probe agency.
The money laundering case stems from an FIR of the Central Bureau of Investigation (CBI) against Jet Airways, Goyal, his wife Anita, and some former company executives of the now-grounded private airline in connection with an alleged Rs 538-crore fraud case at the Canara Bank.
The Enforcement Directorate (ED) arrested Goyal on September 1 under the Prevention of Money Laundering Act (PMLA) following a long session of questioning at the central agency’s office. The 74-year-old businessman was produced before the court at the end of his ED remand on Thursday.
(With inputs from agencies)
