The CBI conducted searches at seven locations on Friday, including the premises of Jet Airways and its founder Naresh Goyal in Mumbai, in connection with an alleged Rs 538 crore fraud case in Canara Bank, officials said.
The CBI searches were spread across the residences and offices of Goyal, his wife Anita, and former airline director Gaurang Ananda Shetty.
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The agency has registered a new case of alleged bank fraud of Rs 538 crore on a complaint from Canara Bank, they said.
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The allegations pertain to alleged diversion of funds, among other irregularities, they said.
The company was in the process of revival after Jalan Kalrock Consortium won the bid for Jet Airways under the insolvency resolution process at the National Company Law Tribunal.
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