Jet Airways founder Naresh Goyal remanded to ED custody till Sept 11 over Rs 538 crore fraud case
1 year, 3 months ago

Jet Airways founder Naresh Goyal remanded to ED custody till Sept 11 over Rs 538 crore fraud case

Firstpost  

Jet Airways founder Naresh Goyal was arrested on Friday in a money-laundering case linked to an alleged bank fraud of Rs 538 crore at Canara Bank. A special court under the Prevention of Money Laundering Act in Mumbai has extended the Enforcement Directorate’s custody of former Jet Airways promoter Naresh Goyal until September 11. The money laundering case stems from an FIR of the Central Bureau of Investigation against Jet Airways, Goyal, his wife Anita and some former company executives in connection with an alleged Rs 538 crore fraud case at the Canara Bank. The FIR was registered on the bank’s complaint which alleged that it sanctioned credit limits and loans to Jet Airways Ltd to the tune of Rs 848.86 crore of which Rs 538.62 crore is outstanding.

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History of this topic

Bombay High Court Grants Bail To Jet Airways Founder Naresh Goyal On Medical Grounds
1 month, 1 week ago

Bombay High Court Grants Bail To Jet Airways Founder Naresh Goyal On Medical Grounds

Live Law  

The Bombay High Court has made Jet Airways founder Naresh Goyal's interim bail absolute in relation to a money laundering case. A single-judge bench of Justice Nijamoodin Jamadar, who had earlier granted interim bail to Goyal made it absolute. On 6 May, the Court granted Goyal interim bail for two months citing his health. A special PMLA court denied him …

Money laundering case: Jet Airways founder Naresh Goyal gets medical bail
1 month, 1 week ago

Money laundering case: Jet Airways founder Naresh Goyal gets medical bail

Deccan Chronicle  

Mumbai: The Bombay High Court on Monday granted medical bail to Jet Airways founder Naresh Goyal, who is an accused in a money laundering case. In May this year, a single bench of Justice N J Jamadar granted interim bail to Goyal on medical grounds. In May, the HC granted interim bail to Goyal for a period of two months …

Jet Airways founder Naresh Goyal gets medical bail in money laundering case
Trending News
1 month, 1 week ago

Jet Airways founder Naresh Goyal gets medical bail in money laundering case

Live Mint  

Mumbai High Court granted Jet Airways founder Naresh Goyal medical bail on Monday, November 11, reported the news agency PTI. Earlier this year, a single Justice N J Jamadar bench granted Goyal an interim bail on medical grounds. In May 2024, the Mumbai High Court granted interim bail to Naresh Goyal for two months, which was extended by four weeks …

Jet Airways founder Naresh Goyal gets bail for cancer treatment
1 month, 2 weeks ago

Jet Airways founder Naresh Goyal gets bail for cancer treatment

India Today  

The Bombay High Court on Monday granted medical bail to Jet Airways founder Naresh Goyal, who was arrested by the ED in a money laundering case. A single bench of Justice NJ Jamadar had granted interim medical bail to Goyal to undergo cancer treatment on May 6 for two months. Goyal's lawyers Aabad Ponda and Ameet Naik submitted an application …

Jet Airways founder Naresh Goyal gets four weeks extension on temporary bail
5 months, 2 weeks ago

Jet Airways founder Naresh Goyal gets four weeks extension on temporary bail

The Hindu  

The Bombay High Court on Friday has given extension by four weeks to Jet Airways founder Naresh Goyal in a temporary bail that was granted to him in May. Mr. Goyal’s bail extension affidavit plea before the single bench judge, Justice N.J. Jamadar stated that his doctor has advised him for urgent Laparoscopic Fundoplication surgery within four weeks after confirming …

Naresh Goyal moves HC, seeks extension of medical bail
5 months, 4 weeks ago

Naresh Goyal moves HC, seeks extension of medical bail

Hindustan Times  

MUMBAI: Jet Airways founder Naresh Goyal has approached the Bombay High Court to extend his interim medical bail, which was originally granted for two months. Goyal, who was arrested by the Enforcement Directorate in a money laundering case, received interim bail on May 6 due to health concerns. As the bail period is set to end on July 6, the …

Naresh Goyal appeals to Bombay HC for extension of interim medical bail
5 months, 4 weeks ago

Naresh Goyal appeals to Bombay HC for extension of interim medical bail

The Hindu  

Jet Airways founder Naresh Goyal filed an application with the Bombay High Court on Tuesday, seeking an extension of the two-month interim medical bail that was granted to him earlier. Earlier, on May 6, the Bombay HC had granted interim bail to Mr. Goyal for two months on medical grounds. Considering the circular, the court today directed the High Court’s …

Vijay Mallya condoles Naresh Goyal's wife Anita Goyal's death: 'Formidable competitor at Jet Airways’
7 months, 1 week ago

Vijay Mallya condoles Naresh Goyal's wife Anita Goyal's death: 'Formidable competitor at Jet Airways’

Hindustan Times  

Vijay Mallya, the former boss of Kishfisher Airlines, condoled the death of Anita Goyal, wife of Jet Airways founder Naresh Goyal. Vijay Mallya condoled the death of Naresh Goyal's wife Anita Goyal. The fugitive liquor baron, who is wanted in India for defaulting bank loans worth ₹9,000 crore, described Anita Goyal as a “formidable competitor” at Jet Airways. May truth …

Jet Airways news: ‘Was a formidable competitor at Jet’, Vijay Mallya condoles Anita Goyal’s demise
7 months, 1 week ago

Jet Airways news: ‘Was a formidable competitor at Jet’, Vijay Mallya condoles Anita Goyal’s demise

Live Mint  

Indian fugitive former businessman Vijay Mallya condoled the demise of Anita Goyal, wife of Jet Airways founder Naresh Goyal who passed away around 3 am on Thursday after battling cancer. She was a formidable competitor at Jet but a lovely human being.” He further trained guns at Naresh Goyal, saying “I am also sad that Naresh is enduring what he …

Anita Goyal, Jet Airways’ founder Naresh’s wife, passes away
7 months, 1 week ago

Anita Goyal, Jet Airways’ founder Naresh’s wife, passes away

The Hindu  

Jet Airways founder Naresh Goyal’s wife Anita Goyal passed away at 3 a.m., his advocate Abad Ponda informed on May 16. Goyal’s demise comes weeks after the Bombay High Court granted the couple a two-month-long interim bail in a money laundering case on medical grounds. On May 6, the Bombay High Court granted interim bail to Mr. Goyal for two …

Anita Goyal, Jet Airways founder Naresh Goyal's wife, dies of cancer
7 months, 1 week ago

Anita Goyal, Jet Airways founder Naresh Goyal's wife, dies of cancer

Hindustan Times  

Anita Goyal, wife of Jet Airways founder Naresh Goyal, passed away in the wee hours of Thursday in a hospital in Mumbai. Naresh Goyal and Anita Goyal A source close to the family told Times of India, “She passed away around 3 am. Anita's demise comes weeks after the Bombay High Court granted the couple a two-month-long interim bail in …

Jet Airways founder Naresh Goyal's wife Anita Goyal dies of cancer
7 months, 1 week ago

Jet Airways founder Naresh Goyal's wife Anita Goyal dies of cancer

India Today  

Anita Goyal, Jet Airways founder Naresh Goyal's wife, died on Thursday morning at a hospital in Mumbai. On May 3, Naresh Goyal's lawyer told the Bombay High Court that the Jet Airways founder had lost the "will to live", as he pleaded for medical bail. On May 6, the Bombay High Court granted interim bail to Naresh Goyal for two …

Bombay High Court grants two months interim bail to Naresh Goyal in money laundering case
7 months, 2 weeks ago

Bombay High Court grants two months interim bail to Naresh Goyal in money laundering case

The Hindu  

The Bombay High Court on Monday granted interim bail for two months to Jet Airways founder Naresh Goyal in a money laundering case filed by the Enforcement Directorate. “In these circumstances, to keep Mr. Goyal in incarceration and limiting his bail to stays in hospital where he cannot be with his wife, is a gross violation of basic human rights. …

Jet Airways founder Naresh Goyal granted interim bail for medical reasons
7 months, 2 weeks ago

Jet Airways founder Naresh Goyal granted interim bail for medical reasons

India TV News  

In a significant development, the Bombay High Court has granted interim bail to Jet Airways founder Naresh Goyal for two months on medical grounds. A single bench of Justice N J Jamadar ordered Goyal's release on interim bail, directing him to pay a surety of Rs 1 lakh and remain within Mumbai unless permitted otherwise by the trial court. Medical …

Jet Airways founder seeks bail in bank fraud case, says ED allegations ‘false’
1 year ago

Jet Airways founder seeks bail in bank fraud case, says ED allegations ‘false’

Live Mint  

Naresh Goyal, the founder of Jet Airways, filed a petition before a special court in Mumbai, requesting bail in the bank fraud case, citing multiple health issues. Naresh Goyal is an accused in an alleged fraud of ₹538 crore at state-run Canara Bank and has been in jail for nearly three months, on Friday moved an application before a special …

Enough material against Naresh Goyal to process money laundering case: Court
1 year, 1 month ago

Enough material against Naresh Goyal to process money laundering case: Court

India Today  

A special court in Mumbai said on Friday that there was sufficient material to "prima facie establish the involvement" of Jet Airways founder Naresh Goyal and his wife in a money laundering case linked to an alleged bank fraud of Rs 538 crore. "The materials accompanying the Prosecution Complaint prima facie indicate how the proceeds of crime were generated through …

Jet Airways' Naresh Goyal used wife, son to siphon off funds: Chargesheet
1 year, 1 month ago

Jet Airways' Naresh Goyal used wife, son to siphon off funds: Chargesheet

India Today  

The Enforcement Directorate, which is investigating money laundering charges against Jet Airways founder Naresh Goyal, filed a chargesheet against him on Tuesday in the Rs 538 crore Canara Bank fraud case. India Today exclusively accessed the chargesheet filed against Goyal and found that he allegedly misappropriated public funds obtained as business loans for various purposes, including commission to sales agents, …

Chargesheet filed against Naresh Goyal in Rs 538 crore bank fraud case
1 year, 1 month ago

Chargesheet filed against Naresh Goyal in Rs 538 crore bank fraud case

India Today  

The Enforcement Directorate on Tuesday filed a chargesheet against Jet Airways founder Naresh Goyal and five others in connection with the Rs 538 crore Canara Bank fraud case. Canara Bank had accused Naresh Goyal of cheating, criminal conspiracy, criminal breach of trust and criminal misconduct. The case against Goyal was registered on May 10, 2023 by the ED on a …

₹538-crore loan fraud case: Jet Airways founder Naresh Goyal sent to Arthur Road jail
1 year, 3 months ago

₹538-crore loan fraud case: Jet Airways founder Naresh Goyal sent to Arthur Road jail

Hindustan Times  

MUMBAI: The special PMLA court on Thursday remanded Naresh Goyal, founder of the grounded airline Jet Airways, in judicial custody for 14 days after which the 74-year-old was shifted to Arthur Road jail. Goyal was arrested by the Enforcement Directorate late in the night on September 1 in connection with a case registered against Jet Airways, Goyal and others for …

Bank Fraud Case: Jet Airways Founder Sent to 14-day Judicial Custody in Mumbai's Arthur Road Jail
1 year, 3 months ago

Bank Fraud Case: Jet Airways Founder Sent to 14-day Judicial Custody in Mumbai's Arthur Road Jail

News 18  

A special PMLA court in Mumbai on Thursday remanded Jet Airways founder Naresh Goyal in 14-day judicial custody in a money laundering case linked to an alleged fraud of Rs 538 crore at the Canara Bank. The court accepted Goyal’s request to send him to the Arthur Road jail in South Mumbai. The court also accepted Goyal’s request to send …

Jet Airways’ Naresh Goyal sent to 14-day judicial custody in bank fraud case
1 year, 3 months ago

Jet Airways’ Naresh Goyal sent to 14-day judicial custody in bank fraud case

Live Mint  

Jet Airways founder Naresh Goyal on Thursday sent to 14-day judicial custody in a ₹538 bank fraud case, news agency PTI reported. 'NARESH GOYAL CASE' Naresh Goyal, 78, has been arrested in an alleged ₹538 crore bank fraud case, siphoning off funds from India to overseas by creating various trusts and using them to buy properties. The money laundering case …

Naresh Goyal sent to 14-day judicial custody in bank fraud case
1 year, 3 months ago

Naresh Goyal sent to 14-day judicial custody in bank fraud case

The Hindu  

A court here on Thursday, September 14, 2023 remanded Jet Airways founder Naresh Goyal to 14-day judicial custody in a money laundering case linked to an alleged fraud of ₹538 crore at the Canara Bank. The Enforcement Directorate arrested Goyal on September 1 under the Prevention of Money Laundering Act following a long session of questioning at the central agency's …

PMLA court extends Naresh Goyal’s ED custody to Sept 14
1 year, 3 months ago

PMLA court extends Naresh Goyal’s ED custody to Sept 14

Hindustan Times  

MUMBAI: The special PMLA court on Monday extended the Enforcement Directorate custody of Naresh Goyal, founder of the grounded airline Jet Airways, upto September 14. HT Image Goyal was produced before the special PMLA court on Monday, as his earlier ED custody remand ended. The agency sought his custody for four more days saying that the accused had created various …

Naresh Goyal taken to Mumbai’s Special PMLA Court as ED custody ends today
1 year, 3 months ago

Naresh Goyal taken to Mumbai’s Special PMLA Court as ED custody ends today

Live Mint  

The Enforcement Directorate officials took Jet Airways founder Naresh Goyal to the Special PMLA Court in Mumbai as his 10 days ED custody ended today i.e. On 3 September, Goyal was sent to 10 days of Enforcement Directorate custody by a special PMLA court till 11 September. In a post on X, Ed wrote, "ED has arrested Naresh Goyal, ex-Chairman …

Naresh Goyal arrested: Who is this Jet Airways founder in ED custody?
1 year, 3 months ago

Naresh Goyal arrested: Who is this Jet Airways founder in ED custody?

Hindustan Times  

The Enforcement Directorate on Friday arrested Jet Airways founder and former chairman Naresh Goyal in a money laundering case associated with an alleged fraud of ₹538 crore at Canara Bank. The ED had carried out raids against Goyal and others involved in the bank fraud case in July this year after Central Bureau of Investigation launched FIR against Jet Airways …

ED arrests Jet Airways founder Naresh Goyal in bank fraud case
1 year, 3 months ago

ED arrests Jet Airways founder Naresh Goyal in bank fraud case

Deccan Chronicle  

Mumbai: The Enforcement Directorate late Friday night arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of Rs 538 crore at the Canara Bank, official sources said. The money laundering case stems from an FIR of the Central Bureau of Investigation against Jet Airways, Goyal, his wife Anita and some former company …

Morning Digest | India’s first solar observatory mission Aditya-L1 launches today; ED arrests Jet Airways founder Naresh Goyal in bank fraud case, and more
1 year, 3 months ago

Morning Digest | India’s first solar observatory mission Aditya-L1 launches today; ED arrests Jet Airways founder Naresh Goyal in bank fraud case, and more

The Hindu  

India’s first solar observatory mission Aditya-L1 to be launched at 11.50 a.m. today India’s first solar observatory mission, named Aditya-L1, will be launched onboard the Polar Satellite Launch Vehicle from the Satish Dhawan Space Centre in Sriharikota at 11.50 am on Saturday. rattled by INDIA alliance; thus exploring ‘one nation one poll’ Opposition parties on Friday said the coming together …

ED arrests Jet Airways founder Naresh Goyal in bank fraud case
1 year, 3 months ago

ED arrests Jet Airways founder Naresh Goyal in bank fraud case

Hindustan Times  

The Enforcement Directorate on Friday arrested Naresh Goyal, founder of the grounded private airline, Jet Airways, after questioning him for several hours as part of its money-laundering investigation related to an alleged bank fraud of around ₹538.62 crore. The case, registered under sections of the Indian Penal Code and Prevention of Corruption Act, related to the alleged offences of cheating, …

ED arrests Jet Airways founder Naresh Goyal in bank fraud case
1 year, 3 months ago

ED arrests Jet Airways founder Naresh Goyal in bank fraud case

The Hindu  

The Enforcement Directorate on September 1 arrested Jet Airways Limited’s founder chairman Naresh Jagdishrai Goyal, in connection with an alleged loan fraud involving about ₹538.62 crore of the Canara Bank. As alleged, the company was initially sanctioned a working capital limit of ₹126 crore and inland letter of credit/financial bank guarantee limit of ₹100 crore for different purposes. As alleged, …

Jet Airways founder Naresh Goyal arrested by ED in alleged money laundering case
1 year, 3 months ago

Jet Airways founder Naresh Goyal arrested by ED in alleged money laundering case

Hindustan Times  

The Enforcement Directorate on Friday night arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of ₹538 crore at the Canara Bank. File photo of Jet Airways’ founder Naresh Goyal. Earlier on July 20, the ED conducted raids on Goyal, and his associates after the Central Bureau of Investigation registered an FIR …

Jet Airways Founder Naresh Goyal Arrested in Rs 538 Crore Bank Fraud Case
1 year, 3 months ago

Jet Airways Founder Naresh Goyal Arrested in Rs 538 Crore Bank Fraud Case

News 18  

The Enforcement Directorate on Friday arrested Jet Airways founder Naresh Goyal in the alleged Rs 538 crore Canara Bank fraud case, officials said. The was filed FIR on the basis of the Canara Bank’s complaint, alleging that it had sanctioned credit limits and loans to Jet Airways Limited of Rs 848.86 crore, of which an amount of Rs 538.62 crore …

Probe agency ED conducts raids on Jet Airways founder over money laundering case
1 year, 5 months ago

Probe agency ED conducts raids on Jet Airways founder over money laundering case

India Today  

The Enforcement Directorate on Wednesday conducted searches at around eight locations in Mumbai and Delhi in connection with a money laundering case, worth Rs 538 crore. The case was registered against Jet Airways founder Naresh Goyal and others. Apart from Naresh Goyal's premises, places related to his close friend Rajesh Chaturvedi, who is an auditor and advisor were also searched …

CBI searches Jet Airways office, residence of Naresh Goyal in bank fraud case
1 year, 7 months ago

CBI searches Jet Airways office, residence of Naresh Goyal in bank fraud case

Hindustan Times  

MUMBAI: The Central Bureau of Investigation on Friday conducted searches at seven locations, including the premises of Jet Airways and its founder Naresh Goyal in the city, in connection with an alleged ₹538-crore bank fraud. Read here: CBI conducts search at Jet Airways office in alleged bank fraud case The searches were conducted after the CBI on Wednesday registered a …

CBI raids office of Jet Airways, house of Naresh Goyal in ₹538-crore Canara Bank fraud case
1 year, 7 months ago

CBI raids office of Jet Airways, house of Naresh Goyal in ₹538-crore Canara Bank fraud case

The Hindu  

The Central Bureau of Investigation on Friday conducted raids at seven locations in Mumbai, including the office of Jet Airways airlines and its founder Naresh Goyal’s residence in connection with an alleged bank fraud of ₹538-crore case in Canara Bank. Jet Airways Limited, its founder chairman Mr Goyal, his wife Anita Goyal and former airline director Gaurang Shetty have been …

CBI raids Jet Airways office, residence of founder Naresh Goyal in bank fraud case
1 year, 7 months ago

CBI raids Jet Airways office, residence of founder Naresh Goyal in bank fraud case

India TV News  

Mumbai: The Central Bureau of Investigation on Friday carried out searches at seven locations linked to Jet Airways in Mumbai in connection with a Rs 538 crore bank fraud case, officials said. The raids were conducted at the residences and offices of Jet Airways founder Naresh Goyal, his wife Anita Goyal and former company director Gaurang Anand Shetty. The probe …

'Illegal': Bombay HC Quashes ED Complaint Against Ex Jet Airways Director
1 year, 10 months ago

'Illegal': Bombay HC Quashes ED Complaint Against Ex Jet Airways Director

The Quint  

The Bombay High Court on Thursday, 23 February, quashed the Enforcement Directorate's Enforcement Case Information Report against former Jet Airways director Naresh Goyal and his wife Anita. The court set aside the 2020 ECIR and all proceedings, actions and investigation related to it because of it being "illegal" and "contrary to law." The case: The ECIR, based on a FIR …

Jet Airways founder Naresh Goyal, wife get relief from ED action till Jan 31
1 year, 11 months ago

Jet Airways founder Naresh Goyal, wife get relief from ED action till Jan 31

India Today  

The Bombay High Court has granted interim relief to Jet Airways founder Naresh Goyal and his wife, Anita Goyal, in connection with a money laundering case registered against them by the Enforcement Directorate. Justice Revati Mohite Dere and Justice PK Chavan granted them interim relief while hearing a plea filed by the Goyals seeking to quash the Enforcement Case Information …

Rs 18,000 crore recovered from Vijay Mallya, Nirav Modi, Mehul Choksi
2 years, 10 months ago

Rs 18,000 crore recovered from Vijay Mallya, Nirav Modi, Mehul Choksi

Op India  

The Central Government has told to the Supreme Court that Rs 18000 crore have been returned to the banks which were stifled by fugitives Vijay Mallya, Nirav Modi, and Mehul Choksi until now. While comparing the numbers with the global data, Tushar Mehta added, “very small number of cases are being taken up for investigation under the PMLA as compared …

Yes Bank fraud case: ED arrests Avantha Group promoter Gautam Thapar
3 years, 4 months ago

Yes Bank fraud case: ED arrests Avantha Group promoter Gautam Thapar

Live Mint  

New Delhi: The Enforcement Directorate has arrested Avantha Group promoter Gautam Thapar in connection with a money laundering case, news agency PTI reported. Thapar was arrested under provisions of the Prevention of Money Laundering Act on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The ED has been probing an …

ED Arrests Avantha Group of Companies Promoter Gautam Thapar in Money Laundering Case
3 years, 4 months ago

ED Arrests Avantha Group of Companies Promoter Gautam Thapar in Money Laundering Case

News 18  

The Enforcement Directorate has arrested businessman and Avantha Group of companies promoter Gautam Thapar in connection with a money laundering case, officials said on Wednesday. The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency. “The FIR alleges …

Nirav Modi to Vijay Mallya: Here's a List of Economic Offenders Who Fled India After Being Named in Massive Loan Frauds
3 years, 9 months ago

Nirav Modi to Vijay Mallya: Here's a List of Economic Offenders Who Fled India After Being Named in Massive Loan Frauds

News 18  

Diamantaire Nirav Modi, who was wanted in India on charges of fraud and money laundering in Punjab National Bank scam case, on Thursday lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts. According to a report published in Business Today in September last year, Union Minister …

Bank Fraud: ED Says Accused Who Defrauded IOB Paid Managers' Flight, Hotel Bills
4 years ago

Bank Fraud: ED Says Accused Who Defrauded IOB Paid Managers' Flight, Hotel Bills

News 18  

Probing a Rs 299-crore Indian Overseas Bank loan fraud case, similar to the alleged USD 2 billion worth PNB swindle, the Enforcement Directorate has found that the accused “paid” for the air travel and hotel stay of a senior bank manager and his family as kickbacks. The central probe agency said “lapses” were also detected on the part of at …

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