Jet Airways dismisses Kejriwal's allegations

Jet Airways yesterday dismissed as "entirely false" the allegations leveled by India Against Corruption activist Arvind Kejriwal of company chairman Naresh Goyal having stashed away unaccounted millions in a Swiss bank.

The company said in a statement in Mumbai, that Goyal was a non-resident Indian since January 1991 and was accordingly entitled to have bank accounts outside India.

"Mr. Goyal is an NRI. Mr. 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 existence of the company M/s Tailwinds is fully disclosed to various departments of the government of India. All questions have been satisfactorily replied to the Income Tax department," the statement said.

The statement added, that the existence of that company was fully disclosed to various departments of the Indian government and all IT department queries had been satisfactorily replied, it said.

"Further there is no account in the name of Mr. Naresh Goyal in the Swiss Bank as has been alleged. Besides, Mr. Naresh Goyal has been an NRI since January-1991.  He is entitled to have bank accounts outside India.  The suggestions that there has been any unaccounted money stashed away in Swiss accounts is entirely false."