Featured

ED Attaches Amnesty India Assets Worth Rs 1.54 Crore Under PMLA

By
OB Bureau

New Delhi: The Enforcement Directorate (ED) has provisionally attached assets worth Rs 1.54 crore in bank accounts of Indians for Amnesty International Trust (IAIT) under Prevention of Money Laundering Act (PMLA), 2002.

ED said in a statement on Friday that it had initiated money-laundering investigation on the basis of an FIR registered by CBI against Amnesty International India Pvt Ltd (AIIPL) and others under Section 120(B) IPC, 1860 and Sections 11, 35 & 39 of Foreign Contributions Regulatory Act (FCRA), 2010.

Amnesty International India Foundation Trust (AIIFT) had been granted permission under FCRA, 2010 during 2011-12 for receiving foreign contributions from Amnesty International UK.

However, the same was cancelled and permission/registration was denied.

Then, M/s Amnesty International India Pvt Ltd (AIIPL) and M/s Indians Amnesty International Trust (IAIT) were formed in 2013-14 and 2012-13, respectively, to escape the FCRA route and carried out NGO activities in the guise of service export and FDI.

Investigation by ED revealed that after cancellation of FCRA Licence of M/s Amnesty International India Foundation Trust, Amnesty entities adopted a new method to receive money from abroad and Amnesty International UK sent Rs 51.72 crore to AIIPL in the guise of export of services and foreign direct investment. However, there was no documentary proof for the claimed export, like invoices and copies of the agreement submitted during investigation.

The total attachment in the case now stands at Rs 21.08 crore.

OB Bureau

Recent Posts

Newborn Girl Found Abandoned Near Bush In Odisha’s Mayurbhanj

Baripada: A newborn girl was found lying near a bush at Bhanra village under Karanjia…

November 8, 2024

Shah Rukh Khan Bagged ‘Baazigar’ After Salman Khan Rejected It

Mumbai: Salman Khan and Shah Rukh Khan, the leading superstars of Bollywood, came from different…

November 8, 2024

Dhanush & Nithya Menen Starrer ‘Idli Kadai’ To Release On This Date

Mumbai: Actor-filmmaker Dhanush took to his X handle on Friday to announce the release date…

November 8, 2024

National Hockey: Another Big Win Takes Odisha Closer To Knockout Stage

Chennai: Odisha all but booked a berth in the knockout stage of the 14th Hockey…

November 8, 2024

Traffic Restrictions For Panchaka, Badaosa At Dhabaleswar Temple In Odisha’s Cuttack; Check Details

Cuttack: Several traffic restrictions have been imposed to ensure smooth movement of devotees to Dhabaleswar…

November 8, 2024

Late Sidhu Moose Wala’s Brother Is A Carbon Copy Of Him

Mumbai: Sidhu Moose Wala's parents Balkaur Singh and Charan Kaur shared a picture of their…

November 8, 2024

Unique Protest: No Dating, No Sex, No Babies With Men Who Voted For Donald Trump

New York: A group of American women has launched an unprecedented protest against men who…

November 8, 2024

4 More Handicrafts Granted Official Approval In Odisha; Total Number Now 55

Bhubaneswar: Four more handicrafts were granted approval by the Odisha government, taking the total number…

November 8, 2024