Jet Lenders Ask JKC To Clarify On Probe

Word comes out that Jet Lenders has asked JKC to clarify the investigation. This news is circulating on the internet and is attracting people’s attention. Lenders to Jet Airways Ltd informed the Supreme Court on Monday that they must formally confirm the Jalan-Kalrock consortium. This news is being discussed, Netizens are talking about this news and trying to collect information related to the news. What happened? What is behind Jet Lenders? We will try to cover all the details about the news. Let’s continue the article.

As we shared, they asked the Jalan-Kalrock Consortium to officially confirm, via a statement, whether their investor Florian Fritsch was facing a fraud investigation by European authorities. On behalf of the lander, senior counsel Harish Salve expressed concern over the bank’s funds being frozen and while the accused Florian Fritsch—the promoter of Kalrock Capital—is employing the tactic of depositing ₹200 crore in two instalments. The reply came out, where senior counsel Mukul Rohatgi gave a finding while representing JKC that JKC had deposited 350 crores, despite lenders continuously demanding money. There are still a few things left to tell you about the news that you will find in the next section of the article.

Based on the report, the lenders demanded that all pending Supreme Court cases related to the case be consolidated. On the other hand, the JKC filed a request to hear this specific petition. Reports say the court has fixed a date of October 12 for both parties. Jet Airways investor Florian Fritsch is being investigated by authorities to uncover fraud and money laundering in the small principality located between Austria and Switzerland. Scroll down the page to find out more information about the news.

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Furthermore, the media reports that the Supreme Court of Liechtenstein mentioned that the official seized luxury watches and cars during the investigation process to uncover the fraud, which is related to the investor’s investment in the revival of Jet Airways. This news became a topic of controversy, which caught the eyes of netizens. Now they are looking for him. We have shared all the news details that we have fetched from other sources to make this article for the readers. If we receive further details, we will notify you first on the same site. Stay tuned for more updates.

Categories: Trends
Source: HIS Education

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