Key Points
Mumbai: There is sufficient material at this stage to prima facie show involvement of Jet Airways founder Naresh Goyal and his wife Anita in a money laundering case linked to an alleged fraud of Rs 538 crore at Canara Bank, a special court here noted while taking cognizance of the Enforcement Directorate's chargesheet against the couple in the case.. Besides the Goyals, the central probe agency has named four companies --Jet Airways (India) Ltd (JIL), Jetair Pvt Ltd, Jet Enterprises Pvt Ltd and Jet Airways LLC, Dubai -- as accused in the case.. M G Deshpande, the special judge hearing cases filed under the Prevention of Money Laundering Act (PMLA), took cognizance of the chargesheet on November 1, while a detailed order was made available on Friday...
The Enforcement Directorate (ED) arrested Goyal on September 1 under the Prevention of Money Laundering Act (PMLA) following a long session of questioning at the central agency's office here...
The money laundering case stems from an FIR of the Central Bureau of Investigation (CBI) against Jet Airways, Goyal, his wife Anita and some former executives of the now grounded private airline in connection with an alleged Rs 538-crore fraud at state-run Canara Bank...
The court order noted the allegations made in the complaint (chargesheet), facts revealed from the statements recorded under the PMLA and bank statements prima facie indicate Canara Bank's branch at Bandra-Kurla Complex (BKC) in suburban Mumbai had extended a loan Rs 848.86 crore to JIL, of which Rs 538.62 crore is currently outstanding...
"Therefore, the materials with the prosecution complaint prima facie indicate how the POC was generated by the criminal activity related to the Scheduled Offence which is the first qualification to initiate process against accused persons (under PMLA)," it remarked..
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