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Amarinder Singh's Son Summoned By ED In Forex Case

ED has asked him to appear before them on October 27, in Jalandhar.

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Amarinder Singh's Son Summoned By ED In Forex Case
Raninder Singh, son of Punjab CM Captain Amarinder Singh
Twitter/ANI
Amarinder Singh's Son Summoned By ED In Forex Case
outlookindia.com
2020-10-23T22:27:48+05:30

Enforcement Directorate has summoned Raninder Singh, son of Punjab CM Captain Amarinder Singh, for violation of the Foreign Exchange Mgmt Act (FEMA) in connection with an alleged disproportionate assets case.

ED has asked him to appear before them on October 27, in Jalandhar.

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

The alleged instances of possession of properties in abroad were 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.

With PTI inputs


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