The Enforcement Directorate (ED) on Friday arrested Jet Airways founder Naresh Goyal on charges of money laundering in connection with an alleged bank fraud of Rs 538 crore.
Goyal was taken into custody on Friday under the Prevention of Money Laundering Act (PMLA) after the agency in Mumbai questioned him.
A special PMLA court in Mumbai on Saturday remanded Goyal in the ED custody till September 11.
The case is based on an FIR registered by the Central Bureau of Investigation (CBI) earlier in May this year.
74-year-old Goyal, his wife Anita Naresh Goyal, Gaurang Ananda Shetty and unknown Public Servant(s) and Private Person(s) along with Jet Airways have been named as accused in the FIR.
The FIR was filed on a complaint by Canara Bank alleging 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 is outstanding.
The bank had alleged that the forensic audit conducted in the accounts of Jet Airways revealed alleged fraudulent features like diversion and siphoning of funds and that funds were diverted through Jet Lite Limited.
"As per sample agreement of Jet Airways (India) Ltd (JIL), it was noted that the expenses of General Selling Agents (GSA) was to be borne by GSA itself and not by JIL. However, it was observed that JIL has paid various expenses amounting to Rs 403.27 crore, which is not in tune with the GSA," the complaint, now part of the CBI FIR, alleged.
It said personal expenses such as salaries of staff, phone bills and vehicle expenses, among others of the Goyal family, were paid by JIL.
02/09/2023 Bobins Abraham/India Times
0 comments:
Post a Comment