18.2 C
New Delhi
December 2, 2020
KhabriBaba
India

ED summons Punjab CM’s son in FEMA case

Reading Time: < 1 minute

The Enforcement Directorate has summoned Punjab chief minister Amarinder Singh’s son for questioning in an alleged foreign exchange violations case, official sources said on Friday.

Raninder Singh has been asked to depose at the central probe agency’s office in Jalandhar on October 27, they said.

The summons pertain to a case registered by the ED under the Foreign Exchange Management Act with regard to alleged possession of undisclosed assets abroad.

 

He was questioned by the agency in this case in 2016 and was asked to explain the alleged movement of funds to Switzerland and creation of a trust and a few subsidiaries in the British Virgin Islands.

The alleged instances of possession of properties in abroad was first investigated by the Income Tax Department.

Raninder Singh had earlier denied any wrongdoing.

The agency will record Raninder Singh’s statement again once he deposes, the official sources said.

0 0 vote
Article Rating

Related posts

Major setback to PDP in Jammu; 3 senior leaders resign

Ritu Nandal

It’s untenable: India on Nepal passing bill to redraw map

Ritu Nandal

Raj Guv stalling assembly session at Centre’s behest: Cong

Ritu Nandal
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Translate »
0
Would love your thoughts, please comment.x
()
x