ED raids Jet Airways founder Naresh Goyal’s residence

The Enforcement Directorate (ED) raided the Mumbai residence of Jet Airways founder Naresh Goyal, late on Wednesday night in connection with an alleged money laundering case, officials said.

According to the sources, a criminal case against Goyal has been filed under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a recent Mumbai Police FIR filed against him.

In September last year Goyal was questioned by probe agency in a case filed under the Foreign Exchange Management Act (FEMA).

Goyal had stepped down as the chairman of Jet Airways in March last year.