Advertisement

HindustanTimes Thu,24 Apr 2014

Jet Airways dismisses Kejriwal allegations

IANS  Mumbai, November 09, 2012
First Published: 19:35 IST(9/11/2012) | Last Updated: 19:37 IST(9/11/2012)

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.

Advertisement

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.

Advertisement
more from Business

Facebook profits nearly triple to $642 million

Facebook profits nearly tripled to $642 million in the first quarter on a 72 percent surge in revenues, helped by gains in mobile users and mobile advertising, the company reported Wednesday.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved