|
Officials in
the central financial probe agency said the searches were conducted at eight
different locations in Delhi and Ghaziabad
|
New Delhi(Agencies): The
Enforcement Directorate (ED) on Saturday said it had seized Rs 3.57 crore
unaccounted cash of several tour and travel companies in a search conducted
under the Foreign Exchange Management Act (FEMA) in the national capital and
adjoining Ghaziabad.
Officials in the central
financial probe agency said the searches were conducted at eight different
locations in Delhi and Ghaziabad, including residences and offices of directors
of many tour and travel companies and their chartered accountants (CAs) on July
9 and seized unaccounted Indian currency along with several incriminating
documents and digital records.
“Investigations under FEMA were initiated
against various entities on the basis of specific inputs that these were
involved in unauthorised receipt of foreign remittances through payment
gateways in the name of providing e-visa services to foreigners,” a senior ED
official said.
Investigations conducted in
the cases so far have revealed that two such entities received foreign
remittance of more than Rs 200 crore for processing Indian e-visa applications
of foreigners without any authorisation from the Government of India, they
said.
The ED officials said these
entities were also involved in high value suspicious transactions and the probe
also revealed that certain CAs played a key role in managing the affairs of
these entities.
They said the seizure
amounting to Rs 3.57 crore during the search operations had also created
suspicion about the operations of such entities and their blatant violation of
the statutory requirements, which are being further investigated.
No comments:
Post a Comment