ED searches Jet Airways founder Naresh Goyal’s premises in Delhi, Mumbai
MUMBAI: The Enforcement Directorate (ED) on Friday conducted multi-city searches at about 10 properties linked to Jet AirwaysNSE 3.91 % founder Naresh Goyal and his close associates, said sources aware of the development.
This is the first time the federal agency probing foreign investment in the defunct carrier’s loyalty programme has searched the embattled founder and his aides. The searches were made in New Delhi and Mumbai.
Besides Goyal, ED carried out raids at the premises of Hasmukh Gardi, who allegedly invested in Goyal’s Isle of Man-based Tail Winds Corporation that controls all financial activities of Jet Airways, the agency said.
