NARESH GOYAL WAS ARRESTED BY ED IN MONEY LAUNDERING CASE:
WHO IS NARESH GOYAL
Naresh Goyal
Naresh Goyal non-Indian businessman founder of Jet Airways and the 16th richest man in India with a net worth of 563.8 cores
Naresh Goyal was born to a jewelry dealer Naresh Goyal is a graduate of Bikram College of Commerce After completing commerce Mr.Naresh joined as a cashier at his uncle’s travel agency and later joined a travel business with GSA for Lebanese international airlines
PV Narasimha Rao the former prime minister of the India and Congress government opened the skies policy on the year 1993 to grow the economy of India. Naresh Goyal took advantage of that and founded Jet-Aways Pvt. Ltd which is a representation of foreign airlines in India.
NARESH GOYAL 538 CRORES SCAM AT CANARA BANK
Naresh Goyal the former chairman of Jet Airways was arrested by the ENFORCEMENT DIRECTORATE on Friday midnight in a money laundering case of rupees 538 crores at Canara bank (alleged)
In 2019 Naresh Goyal was questioned by the ED regarding the investigation charges of foreign exchange violation against him and his wife and again in 2020 he was questioned for money laundering he was denied talking to the ED
After arresting him under the PREVENTION OF MONEY LAUNDERING ACT (PMLA) in 2023 September ED questioned him for 8 to 10 hours An FIR was filed against Naresh Goyal based on a complaint given by Canara Bank
ED seizes incriminating documents in a raid at nearly eight locations in Mumbai and Delhi in other cities. According to NDPS, 1985 ACT proves guilty imprisonment of 3 to 8 years of term and an additional fine