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Home > News > India News > Article > Bank fraud case CBI searches at Jet Airways office founder Naresh Goyals residence

Bank fraud case: CBI searches at Jet Airways office, founder Naresh Goyal's residence

Updated on: 05 May,2023 05:03 PM IST  |  Mumbai
PTI |

The CBI searches were spread across residences and offices of Goyal, his wife Anita, and former airline director Gaurang Ananda Shetty

Bank fraud case: CBI searches at Jet Airways office, founder Naresh Goyal's residence

Image used for representational purpose.

The CBI on Friday conducted searches at seven locations including the premises of Jet Airways and its founder Naresh Goyal in Mumbai in connection with an alleged Rs 538-crore fraud case in Canara Bank, officials said.


The CBI searches were spread across residences and offices of Goyal, his wife Anita, and former airline director Gaurang Ananda Shetty.


The agency has registered a new case of alleged bank fraud of Rs 538 crore on a complaint from Canara Bank, they said.


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The allegations pertain to alleged diversion of funds among other irregularities, they said.

The company was in the process of revival after Jalan Kalrock Consortium won the bid for Jet Airways under the insolvency resolution process at National Company Law Tribunal (NCLT).

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