NIFTY 50

Naresh Goyal structured the Etihad deal to get out of Jet Airways, says Subramanian Swamy

Updated : April 25, 2019 11:40 PM IST

BJP's Rajya Sabha MP Subramanian Swamy has lashed out at Naresh Goyal for Jet Airways' current crisis. He alleged that Goyal structured the deal with Etihad to sell stake in Jet Airways in a deliberate manner to get out of the airline.

"I was against the Jet-Etihad deal to begin with. I have been in favour of allowing private parties competition, provided they are only in terms of dominant shareholding in the hands of Indians. As commerce minister in 1991, I initiated the process. Today I feel that this was a deliberate act of Naresh Goyal. The way he structured the Etihad deal shows that he really wanted to get out of it," Swamy said.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you