Breaking News
1. Massive avalanche hits mountains around Kedarnath Temple.      2. Anasuya Bharadwaj says Vijay Deverakonda’s publicist paid trolls to abuse her.      3. Italian MP makes history by breastfeeding baby in Parliament.      4. DRDO successfully flight-tests 'Agni Prime' ballistic missile off Odisha coast.      5. UGC NET June 2023 exam dates for Phase 1 released.      6. Chris Licht steps down as CNN CEO.      7. Dreams of Barcelona Fans Shattered: Lionel Messi Joins MLS Side Inter Miami      8. Mukhtar Ansari's aide Sanjeev Maheshwari alias Jeeva was shot dead outside Lucknow civil court.      9. Air India sends plane 'with food, essentials' for passengers stuck in Russia.      10. Dua Lipa victorious after lawsuit against "Levitating" gets dismissed.      11. Netherlands PM expected to visit India in September 2023.      12. Russia begins naval exercises in Baltic Sea one day after NATO.      13. Pakistan secures $4-billion external funding, hopes for IMF deal soon.      14. Serum Institute gets interim relief in ₹100 crore defamation lawsuit.      15. Rajasthan CM says that UNESCO should designate Jodhpur as a world heritage city.      16. BJP Chief JP Nadda says Rahul Gandhi is running shopping mall of hate.      17. Edtech Start-Up Byju's Faces Deadline For $40 Million Payment Of $1.2-Billion Loan: Report      18. Sakshi Malik withdraws from wrestlers' protest.      19. Edtech Start-Up Byju's Faces Deadline For $40 Million Payment Of $1.2-Billion Loan      20. Odisha Train Accident: Kharge Writes To PM Modi, Asks 'Why Were Grave Red Flags Ignored'     
  1. Home
  2. News

CBI Probes Alleged Bank Scam Involving Jet Airways and Naresh Goyal Worth ₹538 Crore

  • Posted on May 6, 2023
  • News
  • By Top Stories
  • 54 Views
The CBI initiated the investigation after Canara Bank filed a complaint regarding the alleged fraud, and the agency has registered a new case to pursue the matter.

On Friday, officials reported that The CBI conducted investigations at seven sites in Mumbai linked to a suspected bank scam worth ₹538 crore. The investigation encompassed the locations associated with Jet Airways and its creator, Naresh Goyal, along with the domiciles and workplaces of Goyal’s spouse, Anita, and former board member of the airline, Gaurang Ananda Shetty. The CBI initiated the investigation after Canara Bank filed a complaint regarding the alleged fraud, and the agency has registered a new case to pursue the matter.


Overall, the CBI’s searches indicate that the Indian authorities are taking a tough stance on alleged financial crimes, particularly in the banking sector.
Jet Airways and Naresh Goyal Worth ₹538 Crore The Central Bureau of Investigation



The allegations center on the purported diversion of funds, along with other irregularities. Interestingly, the search took place at a time when Jet Airways was in the process of revival, following the successful bid of Jalan Kalrock Consortium for the airline During the NCLT’s insolvency resolution process, according to the context.



the CBI’s searches indicate that the Indian authorities are taking a tough stance on alleged financial crimes
Jet Airways head office in Mumbai. (Photo Credit: The Hindu)



Overall, the CBI’s searches indicate that the Indian authorities are taking a tough stance on alleged financial crimes, particularly in the banking sector. The investigation serves as a reminder that companies and their executives are not immune to legal action, even when they are undergoing insolvency proceedings.



For more such news, visit our website www.topstories.com, where we share unbiased and true stories of the world.

Author
No Image
Author
Top Stories

You May Also Like