Ex-Jet Airways chairman Naresh Goyal, wife stopped at Mumbai Airport from travelling abroad

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Ex-Jet Airways chairman Naresh Goyal, wife stopped at Mumbai Airport from travelling abroad

Sources say that a look-out circular was issued against Naresh Goyal, his family members, and others so that they cannot flee the country. The SFIO (Serious Fraud Investigation Office) and ED (Enforcement Directorate) are inquiring into Jet Airways cases. 

Former Jet Airways Chairman Naresh Goyal and his wife were stopped from leaving the country at Mumbai airport on Saturday by the immigration department.

An immigration officer of Mumbai airport authority said, "Naresh Goyal and wife Anita Goyal travelling to London on EK 507 were restricted from leaving the country. The aircraft had reached taxiway when it was recalled back and they were taken into custody by Immigration officers."

Sources say that a look-out-circular was issued against Naresh Goyal, his family members, and others so that they cannot flee the country. The SFIO (Serious Fraud Investigation Office) and ED (Enforcement Directorate) are inquiring into Jet Airways cases.

The ED, according to sources, is examining Etihad Airways investment in Jet Privilege Private Limited.

Sources also said that the agency believes that certain and whether there were any violations of Foreign Direct Investment May have taken place when the Emirates took a stake in JPPL in 2014.

Jet Airways is currently sitting on a massive debt of over 8,500 crore while it also has other payment obligations including pending salaries of employees.

Taking all its dues into consideration, the airline is potentially sitting on a debt of well over Rs 11,000 crore.

The domestic and international operations were stopped by Jet Airways as they ran out of funds. Thousands of employees who lost their job also protested and requested the banks to revive the airline.

A Jet Airways engineer, requesting anonymity, said, "This is a good step, the government should set an example that no one can escape from the country after being involved in this type of a case. But this should not be the last step by government now."

"The newly elected government should think something positive about the revival of Jet Airways. People are going through a really hard time," the engineer added.

(With inputs from Pankaj Upadhyay)