A special PMLA court here on Thursday remanded Jet Airways founder Naresh Goyal in 14-day judicial custody in a money laundering case linked to an alleged fraud of Rs 538 crore at Canara Bank.
The court accepted Goyal’s request to send him to the Arthur Road jail in South Mumbai.
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 74-year-old businessman was produced before the special judge for cases under PMLA, MG Deshspande, at the end of his ED remand on Thursday.