Bombay HC Grants Interim Bail To Jet Airways' Founder Naresh Goyal - Details

bombay hc grants interim bail to jet airways' founder naresh goyal - details

bombay hc grants interim bail to jet airways’ founder naresh goyal – details

The Bombay High Court has granted Naresh Goyal, the founder of Jet Airways, two months’ interim bail amidst an ongoing money laundering probe.

Goyal, currently receiving medical treatment at Reliance Hospital, has been instructed to provide a surety of Rs 1 lakh.

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Former Jet Airways chairman Naresh Goyal’s plea for interim bail on medical and humanitarian grounds, citing his and his wife Anita Goyal’s cancer battles, faced opposition from the Enforcement Directorate (ED).

Instead, the ED proposed extending Goyal’s hospital stay by a month. Earlier, a special court denied Goyal’s bail request but allowed him to seek treatment at a private hospital in February. Goyal was arrested by the ED in September 2023 for allegedly laundering funds and diverting loans totaling Rs 538.62 crore from Canara Bank meant for Jet Airways.

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His wife, Anita Goyal, was also arrested in November 2023 following the ED’s charge sheet. However, she was swiftly granted bail by the special court, considering her age and health condition.

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