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The Hindu

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

Naresh Goyal ED Jet Airways

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 (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 here.

The 74-year-old businessman was produced before the court at the end of his ED remand on Thursday.

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