Enforcement Directorate (ED) Seizes Property of 103 Persons Worth Rs. 2406.28 Lacs under FEMA in Last Two Years

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....nforcement Directorate (ED) Seizes Property of 103 Persons Worth Rs. 2406.28 Lacs under FEMA in Last Two Years <br>News and Press Release<br>Dated:- 29-11-2012<br><BR>Press Information Bureau Govern....

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....ment of India Ministry of Finance 29-November-2012 17:58 IST Enforcement Directorate of the Ministry of Finance has registered 1993 cases under the provisions of Foreign Exchange Management Act, 19....

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....99 (FEMA) in the last two years and property of 103 persons valued at Rs. 2406.28 lacs was seized, during investigation. Similarly, Enforcement Directorate has registered 396 cases under the Preventi....

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....on of Money Laundering Act, 20102 (PMLA) and during investigation property of 58 persons valued at Rs. 56965.32 lacs was attached in the same period. In the interest of investigation under the provis....

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....ions of FEMA/PMLA, the names/details of individuals can not be disclosed by the Enforcement Directorate. This was stated by the Minister of State for Finance, Shri S.S. Palanimanickam in a written re....

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....ply to a question in the Rajya Sabha today. * * * DSM/RS/ka<BR> News - Press release - PIB....