Jet Airways under Sebi lens after fraud complaint


New Delhi : Markets regulator Sebi has sought information from Jet Airways following a complaint of alleged fraudulent practices.

In a filing to the exchanges on Wednesday, the airline said last month the regulator sought views of the statutory auditors and the audit committee on certain allegations. However, the carrier did not elaborate on the complaint. The disclosure came in response to a clarification sought by the BSE on reports about alleged fraudulent practices by Jet Airways promoter Naresh Goyal and fall in its share prices.