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The reply emphasized that Goyal and his wife were duly informed of the arrest, and an arrest memo, signed by authorized personnel, was prepared in compliance with the law
The Enforcement Directorate has told the Bombay High Court that that the Jet Airways founder Naresh Goyal is highly uncooperative, recalcitrant, evasive and suspicious in his statements.
“That the petitioner was highly uncooperative, recalcitrant, evasive and suspicious in his statements and conducts and therefore the arrest was made in order to proceed the investigation and trace the trail of the proceeds of crime,” the reply states.
The Enforcement Directorate has submitted its response to the habeas corpus petition filed by Naresh Goyal, who is contesting his arrest in connection with the Canara Bank Loan Fraud Case.
Goyal stands accused of money laundering involving a loan of Rs. 538 crores obtained from Canara Bank.
In its response, the ED has asserted that Goyal's arrest was carried out in accordance with the established legal procedure.
The reply emphasized that Goyal and his wife were duly informed of the arrest, and an arrest memo, signed by authorized personnel, was prepared in compliance with the law.
The agency's plea also underscored that Goyal is a person of significant influence, intelligence, and resources, suggesting that the alleged crime was meticulously premeditated by him.
“That the present accused is involved in the offence of money laundering and is a very influential, intelligent and resourceful person the crime was committed by him with full pre[1]meditation, which ensures that the offence would not be detected and even if it is detected, investigation agency cannot trace the evidence and thus, his custody was required for the purpose of identifying the proceeds of crime and further there is every possibility that the present accused will tamper and cleared away incriminating documents and evidences,” the reply states.
Naresh Goyal is accused of diverting funds borrowed from Canara Bank to his family members in the form of salaries.
The ED initiated proceedings against Goyal based on an FIR filed by the CBI, which was prompted by a complaint lodged by Canara Bank.
The bank's complaint was filed following an external audit conducted for the period spanning 2011 to 2019.
In his petition before the high court, Goyal has argued that his arrest and the extension of his custody were carried out without due consideration and in violation of his fundamental rights under Article 21 of the Constitution.
Case title: Naresh Goyal vs ED.
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