FEMA issues show cause notice to Mani Group CEO for 'illegal dealings'

New Delhi, Jun 24 (UNI) The Foreign Exchange Management Act (FEMA) has issued a show cause notice to Kolkata based eminent builder for illegal dealings and trading in foreign currencies in Singapore, illegal external borrowings and unauthorised maintaining foreign bank accounts, an official released said here on Wednesday.
The notice to builder, who is also the CEO of Mani Group Sanjay Jhunjhunwala has been issued after an investigation carried out by Enforcement Directorate (ED) on the basis of an overseas input received from Financial Intelligence Unit.
Investigation under FEMA revealed that Jhunjhunwala was the beneficial owner of account maintained at UBS, Singapore in the name of Tiger Woods International, a company incorporated in British Virgin Island.

Please log in to get detailed story.

Tags: #FEMA issues show cause notice to Mani Group CEO for 'illegal dealings'

More News

19 Apr 2024 | 8:04 PM

UNI NK AKS.

IP university to conduct CETs for 80 programs

19 Apr 2024 | 6:05 PM

New Delhi, Apr 19 (UNI) IP University is going to conduct common entrance tests (CETs) for 80 programs starting on April 27, 2024.

Severe heatwave expected over many parts of India till April 23: IMD

19 Apr 2024 | 5:00 PM

New Delhi, Apr 19 (UNI) India Meteorological Department (IMD) on Friday predicted heatwave to severe heatwave over East India till April 23 and heat over parts of South Peninsular India for today.

AAP accuses ED; claims CM is not being given insulin in jail

19 Apr 2024 | 3:37 PM

New Delhi, Apr 19 (UNI) Senior AAP leader and Rajya Sabha MP Sanjay Singh on Friday accused the Enforcement Directorate (ED) and the Jail administration of hatching a conspiracy to take Delhi Chief Minister Arvind Kejriwal’s life.

Railways to run 9111 trips summer season to meet summer demand

19 Apr 2024 | 2:43 PM

New Delhi, April 19 (UNI) To ensure the convenience of passengers and manage the anticipated surge in travel demand during summer, Indian Railways is operating a record-breaking 9111 trips during the summer season, as per the statement by the Railways on Friday.

FEMA issues show cause notice to Mani Group CEO for 'illegal dealings'

IP university to conduct CETs for 80 programs

Severe heatwave expected over many parts of India till April 23: IMD

AAP accuses ED; claims CM is not being given insulin in jail

Railways to run 9111 trips summer season to meet summer demand

KOLKATA, APR 19 (UNI):- People cover themselves to protect from the scorching sun in Kolkata on Friday. UNI PHOTO-277U

HYDERABAD, APR 19 (UNI):- T.Padma Rao Secunderabad Lok Sabha BRS candidate filing nomination at GHMC Secunderabad Zonal Office, Beside Court, Secunderabad, on Friday. UNI PHOTO-276U

HEINGANG, APR 19 (UNI):- First time voters showing a mark of indelible ink after casting their votes at a polling booth during the 1st Phase of General Elections-2024 at Laipham Khunou, Heingang, in Manipur on Friday. UNI PHOTO-275U

DEHRADUN, APR 19 (UNI):- Voters displaying identity cards while standing in the queue to cast their votes at a polling booth during the 1st Phase of General Elections-2024 at Barat Ghar Dandanda Raipur Dehradun, in Uttarakhand on Friday. UNI PHOTO-274U

DEHRADUN, APR 19 (UNI):- Voters displaying identity cards while standing in the queue to cast their votes at a polling booth during the 1st Phase of General Elections-2024 at Barat Ghar Dandanda Raipur Dehradun, in Uttarakhand on Friday. UNI PHOTO-273U

PORT BLAIR, APR 19 (UNI):- Voters showing mark of indelible ink after casting their votes at a polling booth during the 1st Phase of General Elections-2024 at Van Vikas Bhawan Haddo, Port Blair, in Andaman and Nicobar Islands on Friday. UNI PHOTO-272U

PORT BLAIR, APR 19 (UNI):- A voters standing in the queue to cast their votes, at a polling booth, during the 1st Phase of General Elections-2024 at Van Vikas Bhawan Haddo, Port Blair, in Andaman and Nicobar Islands on Friday. UNI PHOTO-271U

SHIVASAGAR, APR 19 (UNI):- Voters displaying identity cards while standing in the queue to cast their votes at a polling booth during the 1st Phase of General Elections-2024 at Disangmukh, Sivasagar, in Assam on Friday. UNI PHOTO-268U

PORT BLAIR, APR 19 (UNI):- Voters standing in the queue to cast their votes, at a polling booth, during the 1st Phase of General Elections-2024 at Government Senior Secondary School in Haddo at Port Blair, in Andaman and Nicobar Islands on Friday. UNI PHOTO-267U

AHMEDABAD, APR 19 (UNI):- Union Home Minister Amit Shah with Gujarat Chief Minister Bhupendra Patel and BJP senior leaders files his nomination papers from the Gandhinagar Lok Sabha seat for the Lok Sabha polls, on Friday. UNI PHOTO-265U

AHMEDABAD, APR 19 (UNI):- Union Home Minister Amit Shah files his nomination papers from the Gandhinagar Lok Sabha seat for the Lok Sabha polls, on Friday. UNI PHOTO-264U

BANKA, APR 19 (UNI):- Bihar Chief Minister Nitish Kumar being garland by supporters during election rally in support of NDA candidate Girdhari Yadav for Lok Sabha election, in Banka on Friday. UNI PHOTO-263U

CHENNAI, APR 19 (UNI):- Greater Chennai City Police Commissioner Sandeep Rai Rathore visiting several polling booths in the city and inspecting the arrangements, on Friday. UNI PHOTO-262U

AHMEDABAD, APR 19 (UNI):- Union Home Minister Amit Shah with Gujarat Chief Minister Bhupendra Patel and BJP senior leader filling his nomination papers from the Gandhinagar Lok Sabha seat for the Lok Sabha polls, on Friday. UNI PHOTO-261U

PATNA, APR 19 (UNI):- Polling officers during a training on Electronic Voting Machine (EVM) and Voter-Verified Paper Audit Trail (VVPAT) ahead of the Lok Sabha election, in Patna on Friday. UNI PHOTO-260U

CHENNAI, APR 19 (UNI):- Greater Chennai City Police Commissioner Sandeep Rai Rathore visiting several polling booths in the city and inspecting the arrangements, on Friday. UNI PHOTO-259U

KOLKATA, APR 19 (UNI):- Activists of People for the Ethical Treatment of Animals (PETA) doused themselves with sludge to protest against use of leather products in front of Kolkata’s New Market on Friday. UNI PHOTO-258U

BANKA, APR 19 (UNI):- Bihar Chief Minister Nitish Kumar with NDA candidate from Banka constituency Girdhari Yadav during election rally for Lok Sabha election, in Banka on Friday. UNI PHOTO-257U

PATNA, APR 19 (UNI):- A polling officer during a training on Electronic Voting Machine (EVM) and Voter-Verified Paper Audit Trail (VVPAT) ahead of the Lok Sabha election, in Patna on Friday. UNI PHOTO-256U

CHENNAI, APR 19 (UNI):- Greater Chennai City Police Commissioner Sandeep Rai Rathore visiting several polling booths in the city and inspecting the arrangements, on Friday. UNI PHOTO-255U