CBI Searches Jet Airways Office, Founder's Home In Alleged Bank Fraud Case | Read

Jet Airways founder Naresh Goyal and old offices of the airline were raided by the Central Bureau of Investigation (CBI) on Friday in connection with a case of alleged bank fraud amounting to Rs. 538 crore, officials said. The CBI registered a case against Mr Goyal, his wife Anita, former director Gaurang Ananda Shetty, and unknown bank officials following a complaint from Canara Bank. The complaint accused the individuals of diverting funds and causing losses to the bank.