Jet lenders to examine past charges of fraud against Darwin founder

Lenders of Jet Airways are examining past allegations of fraud against the founder of Darwin Platform Group Company, which has offered to infuse Rs. 14,000 crore in the airline.

At least four cases had reportedly been registered against Ajay Harinath Singh, the founder of Darwin, which claims to have a net worth of Rs. 24,000 crore from businesses across different verticals.

The company, however, denied the charges and said the cases had been resolved.

But top sources close to the lenders said that every aspect will be evaluated to make sure the wrong money does not come into the company. According to a 2015 report in The Tribune , the Uttarakhand police had registered a case against Singh in the State and in Uttar Pradesh for allegedly duping the residents of Rs. 100 crore, posing as an investor.