Jet Airways Fraud Case: Naresh Goyal Sent to Arthur Road Jail for ₹538 Crore Loan
In a significant development in the ongoing ₹538-crore loan fraud case, Naresh Goyal, the founder of the now-grounded airline Jet Airways, has been remanded to judicial custody for 14 days by the special Prevention of Money Laundering Act (PMLA) court. The enforcement Directorate (ED) had arrested Goyal late on September 1st, linking him to a case involving the alleged defrauding of Canara Bank to the staggering tune of ₹538 crore.