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ED slaps Rs 51.72 cr penalty on Amnesty India, Rs 10 cr on Aakar Patel

The adjudicating authority of the Enforcement Directorate (ED) has issued show cause notice to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of Foreign Exchange Management Act, 1999 (FEMA) and imposed penalties to the tune of Rs 51.72 crore and Rs 10 crore on the two, respectively. ....

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ED slaps Rs 51.72 cr penalty on Amnesty India, Rs 10 cr on Aakar Patel

The adjudicating authority of the Enforcement Directorate (ED) has issued show cause notice to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of Foreign Exchange Management Act, 1999 . ....

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