Jet Airways founder Naresh Goyal granted 2 months' interim bail in money laundering case

The Bombay High Court granted Jet Airways' founder Naresh Goyal two months' interim bail in a money laundering probe, citing medical grounds due to his and his wife Anita Goyal's cancer conditions. The Enforcement Directorate opposed, suggesting h...

PTI
Naresh Goyal
The Bombay High Court on Monday granted Jet Airways' founder Naresh Goyal two months' interim bail in the ongoing money laundering probe.

Goyal is currently admitted to Reliance Hospital has been asked to furnish a surety of Rs 1 lakh.

Goyal asked for interim bail citing medical and humanitarian reasons as him and his wife Anita Goyal were both suffering from cancer.


However, the Enforcement Directorate had opposed the grant of bail and said that instead, his stay at a private hospital could be extended by a month.

In February, a special court refused Goyal bail and permitted him to be admitted to a private hospital of his choice and seek medical treatment.

In September 2023, ED arrested Goyal for allegedly laundering funds and diverting loans worth Rs 538.62 crore sanctioned to Jet Airways by Canara Bank.
ADVERTISEMENT

Subsequently, in November 2023, Anita Goyal, his wife, was apprehended following the ED's filing of a charge sheet. However, she was promptly granted bail by the special court on the grounds of her age and health condition.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › India › Jet Airways founder Naresh Goyal granted 2 months' interim bail in money laundering case
Text Size:AAA
Success
This article has been saved

*

+