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Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai

Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai, India, November 29, 2017. REUTERS/Danish Siddiqui/File Photo Acquire Licensing Rights

Indian Court Decides Jet Airways Founder to Remain in Custody

On September 2, an Indian court ruled that Naresh Goyal, the founder of Jet Airways, will continue to remain in the custody of India’s financial crime agency until September 11. This decision was announced by the Enforcement Directorate (ED), which investigates financial crimes in India, in a press statement.

The arrest of Goyal took place on

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