A court here on Thursday remanded Jet Airways founder Naresh Goyal to 14-day judicial custody in a money laundering case linked to an alleged fraud of Rs 538 crore at the Canara Bank.
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 court at the end of his ED remand on Thursday.
Goyal was sent to judicial custody by the court as no further remand was sought by the probe agency.
