ED Slaps Rs 14.40 Lakh Penalty in FEMA Case Against Kashmiri Separatist Leader Syed Geelani
Team Udayavani, Mar 22, 2019, 10:23 AM IST
New Delhi: The Enforcement Directorate has levied a penalty of Rs 14.40 lakh and ordered confiscation of nearly Rs 6.8 lakh in connection with a FEMA case against Jammu and Kashmir-based separatist Syed Ali Shah Geelani, officials said Friday.
The case pertains to Geelani in illegal possession of foreign exchange, a case which was being investigated by the ED under the Foreign Exchange Management Act (FEMA).
After completion of the probe and adjudication proceeding, the Enforcement Directorate issued an order on March 20 under the FEMA, levying the Rs 14.40 lakh penalty and confiscating forex of USD 10,000 (nearly Rs 6.8 lakh) that was allegedly recovered from Geelani, they said.
The case was taken up by the ED on the basis of an Income Tax Department complaint against Geelani. A similar proceeding against another separatist Yasin Malik, former Chairman of JKLF, is underway
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Priyanka Gandhi questions govt under Cong’s media campaign for LS polls
Delhi under constitutional crisis, Kejriwal should quit if he has scant regard for people: BJP
Fare of shared cabs on Pune, Nashik and Shirdi routes from Mumbai hiked
Sena (UBT) firm on contesting from Sangli, nobody should do anything that will help BJP: Raut
Hope govt is serious over issue of revocation of AFSPA in J-K: Mehbooba
MUST WATCH
Latest Additions
Priyanka Gandhi questions govt under Cong’s media campaign for LS polls
Delhi under constitutional crisis, Kejriwal should quit if he has scant regard for people: BJP
Fare of shared cabs on Pune, Nashik and Shirdi routes from Mumbai hiked
Cong’s D K Suresh, only incumbent MP from Karnataka, files nomination from Bangalore Rural
Sena (UBT) firm on contesting from Sangli, nobody should do anything that will help BJP: Raut