MUMBAI: The Enforcement Directorate (ED) late on Friday arrested Jet Airways founder Naresh Goyal in a money-laundering case linked to the Rs 539-crore Canara Bank loan fraud case.
ED officials questioned Goyal for hours at its Mumbai office and added he was not cooperating in the investigation. Goyal was brought from Delhi to Mumbai ED office for questioning and later placed under arrest, sources said. ED will produce him in court on Saturday.
The ED probe is based on a May 3 case filed by CBI on the complaint of Canara Bank. Jet Airways (India) Ltd has been dealing with Canara Bank since 2005, and all the exposures are under State Bank of India (SBI)-led consortium arrangements.