The arrest of Naresh Goyal, the founder of Jet Airways, by the Enforcement Directorate on Friday evening in an alleged money-laundering case points at a sheer downfall of a man who once soared high in India’s aviation industry. Earlier in February, the Bombay High Court had quashed an Enforcement Directorate’s money-laundering case against Goyal and his wife Anita. However, the court had observed that if any fresh case was registered against the couple by any law enforcement agency, the ED could probe them. The current ED probe comes after a criminal complaint against Goyal by Canara Bank.
