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HomeIndiaED summons Punjab CM Amarinder's son Raninder Singh in 'foreign exchange violations'...

ED summons Punjab CM Amarinder’s son Raninder Singh in ‘foreign exchange violations’ case

Raninder Singh was earlier questioned in the FEMA case in 2016 and was asked to explain the alleged movement of funds to Switzerland and a trust in the British Virgin Islands.

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New Delhi: The Enforcement Directorate (ED) 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 (FEMA) 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.


Also read: ED seizes DMK MP Gautham Sigamani’s assets worth Rs 8.6 crore in FEMA violation case


 

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1 COMMENT

  1. Soon after Captain Amarinder Singh passes Resolutions through Legislature for blocking Farm Acts of the Center, Amarinder Singh’s son gets ED notice for fEMA violation. So, the central government is getting back at captain Amarinder Singh through his son.

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