Jet Airways & Its Founder Naresh Goyal’s Properties Worth ₹538 Cr Seized By ED in Money Laundering Probe

New Delhi: The Enforcement Directorate (ED) has seized properties worth over Rs 538 crore linked to Jet Airways founder Naresh Goyal, his wife Anita Goyal, and son Nivaan Goyal, in a money laundering case. The properties include 17 residential flats and commercial premises in London, Dubai, and various Indian states.

The ED alleges that these properties were acquired using the proceeds of crime from a Rs 538 crore bank fraud at Canara Bank. The agency has filed a chargesheet against Naresh Goyal and five others in the multi-crore fraud case.

The money laundering case against Naresh Goyal originated from a Central Bureau of Investigation (CBI) FIR against him, his wife Anita, and former company executives regarding an alleged bank fraud case. The CBI declared the account as “fraud” on July 29, 2021.