Money laundering case: Jet Airways founder Naresh Goyal gets medical bail

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The story "Money laundering case: Jet Airways founder Naresh Goyal gets medical bail" was covered 1 weeks ago by Business Standard, a news publisher based in India.

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Money laundering case: Jet Airways founder Naresh Goyal gets medical bail - Business Standard

Quick Summary:

The Bombay High Court on Monday granted medical bail to Jet Airways founder Naresh Goyal, who is an accused in a money laundering case.

In May this year, a single bench of Justice N J Jamadar granted interim bail to Goyal on medical grounds.

The ED arrested Goyal in September 2023 on allegations that he had laundered money and siphoned off loans to the tune of Rs 538.62 crore given to Jet Airways by the Canara Bank.