India News: The Directorate of Enforcement (ED) has summoned Trinamool Congress MP Mahua Moitra for questioning on February 19 in connection with the FEMA violation case.
Amaravati: Enforcement Directorate (ED) has imposed a penalty of Rs 40 crore on MP K Raghu Ramakrishna Raju for violating the Foreign Exchange Management Act (FEMA). The ED in its order said that Mauritius-based Strategic Energy Investments Ltd has invested Rs 202 crore in Raju-owned Ind Barath Sun Energy Pvt Ltd (IBSEPL) company. Out of the foreign direct investment (FDI) of
This comes hours after the company issued a swift denial following reports, saying that it has not received any notice from the Enforcement Directorate.
Hyderabad: Telangana Rashtra Samithi (TRS) MLA Manchireddy Kishan Reddy was questioned by the Enforcement Directorate (ED) on Tuesday. The TRS leader was grilled in connection with a case of alleged violation of Foreign Exchange Management Act (FEMA). The ruling party MLA appeared before the ED officials at the probe agency’s regional office in Hyderabad. Sources said the MLA