Naresh Goyal is a prominent non-Indian businessman known for founding Jet Airways.

He was the 16th richest person in India, with a net worth of 563.8 crores.

Goyal took advantage of India's open skies policy in 1993 to establish Jet-Aways Pvt. Ltd, representing foreign airlines.

In 2023, he was arrested by the Enforcement Directorate (ED) in a money laundering case involving 538 crores at Canara Bank.

Goyal had faced ED questioning in 2019 for foreign exchange violation and in 2020 for money laundering.

The arrest was made under the Prevention of Money Laundering Act (PMLA) based on a complaint from Canara Bank.

ED conducted raids at multiple locations, seizing incriminating documents, and he faces potential imprisonment and fines under the NDPS Act.