Jet Airways founder Naresh Goyal appears before ED

Jet Airways founder Naresh Goyal today appeared before the Enforcement Directorate in connection with a money laundering probe against Yes Bank Promoter Rana Kapoor and his family members.  The ED officials said that Goyal's statement will be recorded by the Investigating Officer of the case under the Prevention of Money Laundering Act (PMLA) at its office in Ballard Estate in Mumbai. Jet Airways' loan exposure to the crisis-ridden Yes Bank is about Rs 550 crore.   Goyal was fi...