The Enforcement Directorate has seized properties valued at more than ₹ 500 crore in connection with a suspected money laundering case involving Jet Airways (India) Ltd.
Located in London, Dubai, and a few Indian states, the properties comprise seventeen residential apartments, bungalows, and commercial structures registered in the names of individuals and businesses, including Naresh Goyal, the founder of Jet Airways, his wife Anita, and their son Nivaan.
As per the Prevention of Money Laundering Act, 2002, the properties valued at ₹ 538 crore or more were attached by the central investigative agency.