Mumbai: The Enforcement Directorate (ED) alleged that a bulk of ₹6,000 crore that banks had loaned to Naresh Goyal’s Jet Airways (India) Ltd had been laundered through evergreening of loans, and also used for meeting the expenses of companies where the promoter’s relatives were directors.
Funds had also been diverted to the accounts of Goyal’s family members including his wife and children as well as to companies and trusts created by him in tax havens such as Jersey and the British Virgin Islands, the agency claimed. He also acquired properties abroad, including in Dubai and the UK, it said. The allegations were part of the ED’s application on Saturday before a special court seeking the remand of Goyal, who was arrested late on Friday. The court dealing with money-laundering cases sent him to ED’s custody till September 11.
