Jet Airways Funds Not Used For Personal Expenses, Family Members Drew Salaries With Approval Of Central Govt: Naresh Goyal To Bombay HC

Jet Airways founder Naresh Goyal has claimed that his family members received salaries in their capacity as employees of Jet Airways, countering Canara Bank’s allegation that he siphoned off funds from Jet Airways by paying for personal expenses such as salaries of staff, phone bills and vehicle expenses of the Goyal family.“Family members of the Petitioner were being paid salaries and...