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Indo-Asian News Service
Mumbai, November 09, 2012
Jet Airways on Friday dismissed as "entirely false" the allegations levelled by India Against Corruption activist Arvind Kejriwal of company chairman Naresh Goyal having unaccounted money stashed away in a Swiss bank. In a statement in Mumbai, the company said Goyal was a non-resident Indian since January 1991 and was accordingly entitled to have bank accounts outside India.

"Goyal received a routine enquiry letter from the income tax department regarding a bank account at HSBC Geneva of M/s Tailwinds Ltd, a company based in the Isle of Man," the statement said.

However, the existence of that company (M/s Tailwinds Ltd.) was fully disclosed to various departments of the Indian government and all IT department questions had been satisfactorily replied to, it said.

"There is no account in the name of Naresh Goyal in the Swiss bank as has been alleged. The suggestions that there has been any unaccounted money stashed away in Swiss accounts are entirely false," the statement said.