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September 12, 2023 6:41 pm
On September 1, the Enforcement Directorate (ED) arrested Goyal in connection with alleged siphoning of funds from the loan of Rs 538.62 crore given to Jet Airways by Canara Bank. The special court sent him to ED's custody till September 11.
September 03, 2023 8:34 am
ED investigations have also found Goyal’s links with HD Gardi whose name appeared in the Panama Papers.
September 06, 2023 7:52 am
Jet took off in May 1993 as a full-fledged private carrier post liberalisation, it took over Air Sahara in 2007, but was grounded in April 2019 after an SBI-led consortium refused emergency fund infusion.
September 04, 2023 5:57 pm
Goyal (74) was arrested on Friday night after he was questioned for over seven hours in connection with alleged money-laundering of a Rs 538.62-crore loan given by Canara Bank to the company.
September 02, 2023 12:31 pm
Goyal, 74, is expected to be produced before a special PMLA court in Mumbai on Saturday where the ED will seek for his custodial remand.
July 20, 2023 1:58 am
The fresh case against Goyal is based on a May 3 case filed by the Central Bureau of Investigation (CBI) in its Delhi office in connection with defrauding Canara Bank to the tune of Rs 538 crore.
February 22, 2023 6:59 am
The HC had last month granted interim relief of “no coercive action” to the Goyals and the same will continue till further orders.
June 09, 2022 3:51 am
A division bench of the HC was hearing two seperate pleas challenging the decision on the grounds that they were neither served show-cause notice nor heard by the bank.
March 21, 2022 6:00 am
Lens on Jet Airways, Rana Kapoor, IL&FS, Cox and Kings among others
July 27, 2021 9:48 pm
Meanwhile, NSO has said it will "no longer be responding to media inquiries on this matter" and "will not play along with the vicious and slanderous campaign".