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Who is Naresh Goyal, Jet Airways founder arrested by ED?

Shortpedia

Content Team
Image Credit: NewsBytes

The Enforcement Directorate (ED) arrested former Jet Airways Chairman Naresh Goyal on Friday in connection with an alleged Rs. 538 crore Canara Bank fraud case. The 74-year-old was reportedly taken into custody under the Prevention of Money Laundering Act (PMLA) after a lengthy interrogation at the ED's Mumbai office. So, how did the once-16th richest person in India meet such a downfall? From Jet Airways' historic takeoff in 1991 to its recent financial crash landing, here's a look.