Reuters
India's federal investigating agency is searching the premises of Jet Airways and the residence of founder Naresh Goyal in Mumbai as part of a probe into a 5.39 billion rupee ($66 million) bank fraud case, a Central Bureau of Investigation (CBI) source said on Friday. The searches came days after Canara Bank filed a complaint against the airline, Goyal, his wife and a former airline director for "causing wrongful loss" to the lender, according to a May 3 first information report seen by Reuters. Jet Airways did not immediately respond to a Reuters request for comment.