ED attaches Jet Airways assets worth Rs 538 crore in money laundering case
PTC News Desk: The Enforcement Directorate has seized properties worth over 500 crore in an alleged money laundering case involving Jet Airways (India) Ltd.
The probe agency has seized 17 residential flats, bungalow, and commercial buildings in London, Dubai and some states in India, registered under the names of companies and people, including Jet Airways' founder Naresh Goyal, wife Anita Goyal and son Nivaan Goyal.
ED has attached properties worth at least Rs 538 crore under the Prevention of Money Laundering Act, or PMLA, 2002.
Other than the Goyals, some properties are registered as Jetair Pvt Ltd and Jet Enterprises Pvt Ltd.
The probe agency on Tuesday filed a chargesheet against Goyal and five others in the alleged fraud case filed by Canara Bank.
The bank allegedly sanctioned credit limits and loans to Jet Airways totalling 848 crore, of which 538 crore was outstanding, according to the first information report (FIR).
Earlier on September 1, Goyal was arrested under the PMLA and is being kept in Mumbai's Arthur Road jail.
- With inputs from agencies