Tag: Jet Airways founder

Jet Airways founder seeks bail in bank fraud case
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Jet Airways founder seeks bail in bank fraud case

Jet Airways founder Naresh Goyal, an accused in an alleged fraud of Rs 538 crore at state-run Canara Bank who is in jail for nearly three months, on Friday moved an application before a special court here seeking bail in the case.The court has asked the Enforcement Directorate (ED), probing the case, to file its reply to Goyal's plea by December 20. The 74-year-old businessman, in his plea seeking relief, has cited multiple health ailments like heart condition, prostate, orthopaedic-related issues, among others and claimed there are reasonable grounds to believe he "is not guilty.The entire investigation has been carried out only with the intention to allege and project siphoning (of funds) by the applicant for his personal benefits, said the plea filed before special PMLA court Judge M...