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Jet Airways’ Founder behind bars: How Funds Were Siphoned Off to Tax Havens

In a startling turn of events, the Enforcement Directorate, a financial crime investigative agency under the Ministry of Finance in India, has made a high-profile arrest that is sending shockwaves through the country’s financial landscape. The individual at the center of this explosive investigation is the founder of a leading airline, a once-mighty aviation giant. His apprehension on September 1 has brought to the surface a complex web of financial intrigue and alleged misconduct, causing ripples far beyond the airline industry.

In this article we delve into the heart of this riveting story, exploring the initial allegations, the shocking revelations, and the implications for India’s financial sector. …Continue readingJet Airways’ Founder behind bars: How Funds Were Siphoned Off to Tax Havens