File photo of election commissioner Ashok Lavasa | ANI
File photo of Election Commissioner Ashok Lavasa | ANI
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New Delhi: Months after the Income Tax department surveyed the account books of a company in which Abir Lavasa, son of Election Commissioner Ashok Lavasa, is a director, and sent a notice, the Enforcement Directorate has started a probe against him and the firm for alleged violation of foreign exchange laws.

The Enforcement Directorate is probing Nourish Organic Foods Pvt Ltd under the Foreign Exchange Management Act (FEMA), The Indian Express has reported.

ED is investigating an amount of Rs 7.25 crore raised by Nourish in March 2019 from Saama Capital, a Mauritius-based early-stage investor, allegedly in violation of FEMA.

Abir Lavasa reportedly holds 10,000 shares in the company. Abir Lavasa has been a director of Nourish Organic Food Pvt. Ltd. since 14 November 2017. Saama Capital has also invested in Paytm, Snapdeal and ChaiPoint.

Ashok Lavasa’s wife and his sister had earlier come under scrutiny of the I-Tax department for alleged non-declaration of income and disproportionate assets.


Also read: Tax scrutiny, model code dissent, taking on BJP leaders – controversy has followed Lavasas


ED notice to Mauritius firm too

The ED has sent summons to both Saama Capital and Nourish Organic Foods.

“There is a probe in connection with investments in the company where Lavasa is a director. The company was loss-making and yet received heavy investments at a premium. So we want to question (Abir) Lavasa about it,” the Express report quoted an ED official as saying.

Abir Lavasa told Express: “Yes, a summons was received last week. We are fully complying with the ongoing inquiry.”

About Ashok Lavasa

Ashok Lavasa was among the three election commissioners to oppose the clean chit given by the the Election Commission to both Prime Minister Narendra Modi and Amit Shah for violating the Model Code of Conduct while campaigning for the 2019 Lok Sabha Elections. Lavasa is also second in line to become the Chief Election Commissioner.

Four months after the results of the Lok Sabha elections, in September, Ashok Lavasa’s wife Novel Lavasa (a former banker with the State Bank of India) along with two other family members, got a notice by the Income Tax Department for alleged discrepancies I-T returns.


Also read: EC decides not to record dissent view in poll code violations, overrules Ashok Lavasa


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1 COMMENT

  1. Now is the sttategy by people holding high offices to go against the government as a pre empt move if their relatives are engaged in business/industry so that such claims will go in their favour at a later time when vialations of any law if is found. They can simply claim that it is only political vendeta if any reports come about their kith and kin. Without beureucrat’s active involvement no wrong thing can happen in execution of the government policies. The nexus between thebaus and natas are so thick that they both can sail safely as long as they keep up the said relatiomship. This is how Indias wealth has been eroded by both these people. The politicians though might be having a chance for defeat might have amazed wealth and the babus having come through selection, at the worst will get only transfer amd no earth will down under their heads.This set up emboldens them to thrive for ever with irregularities causing heavy erosion of publoc resources ending with the state of econmy being down trodden. But the same people in nexus would shout loudly about the economy going down in Stature. Funny state of affairs. It can happen and has been happenin in India only.The ED and IT should have more powers and the courts should deter the practice of giving stay/bail to all the cases as a general practice. Which would enable the government to unearh the hoarding ofnational resources by influenced persomalities/ body corporates on pseudo names

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