After nearly four months in custody at Arthur Road Prison, the founder of Jet Airways (JAI, Mumbai International) told a Mumbai court on January 6 that he was preparing to die in jail.

At a bail hearing, a physically unwell 75-year-old Naresh Goyal told the specially convened court that it was “better [to] die rather than be alive in such a situation. Destiny will rescue me.”

Goyal is accused of a INR5.38 billion rupee (USD64.7 million) fraud against several Indian banks, including Bangalore-based Canara Bank, the…

Source: ch aviation
Read more: Let me die in jail, says founder of India's Jet Airways