Mumbai: The Enforcement Directorate (ED) has alleged that Jet Airways founder Naresh Goyal never adhered to corporate governance, continued with the “redundant concept” of global servicing agents for “siphoning of funds” and was adamant against diluting his shareholding even when the airline was in dire straits, and thwarted every attempt for its revival.
The ED, in its prosecution complaint against Goyal and others, on Wednesday said it has provisionally attached properties worth ₹538.05 crore in the case, including residential and commercial properties in the names of several companies and people such as Jetair Pvt Ltd, Jet Enterprises Pvt Ltd, Goyal, his wife Anita and son Nivaan, in London, Dubai and various parts of India.
