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The federal agency raided six-seven premises in Mumbai and some other locations as part of the investigation being conducted under the Prevention of Money Laundering Act (PMLA).
Jet Airways founder Naresh Goyal faces money-laundering probe, ED conducts searches.
India's Enforcement Directorate (ED) carried out searches at eight locations linked to former Jet Airways promoter Naresh Goyal in Mumbai and Delhi, along with his wife and others, as a part of a fresh money laundering probe filed by Canara Bank as the complainant. The recent filing by Canara Bank alleges wrongful loss of Rs 538.62 crore by JIL.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Get latest articles and stories on India at LatestLY. The CBI on Friday conducted searches at seven locations including the premises of Jet Airways and its founder Naresh Goyal in Mumbai in connection with an alleged Rs 538-crore fraud case in Canara Bank, officials said. India News | CBI Searches at Jet Airways Office, Founder Naresh Goyal's Residence in Bank Fraud Case.