The Enforcement Directorate (ED) has summoned actress Yami Gautam to appear in New Delhi on October 29, 2018.
A case under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) has been registered against Yami Gautam and his brother-in-law Surendra Gautam in Andhra Pradesh.
ED Files Money Laundering Case Against Yami Gautam
The case pertains to alleged violation of norms in seeking Foreign Direct Investment (FDI) approval for two companies. The ED had earlier issued show-cause notices to the two brothers, who had replied saying that the companies were not involved in FDI activity. The ED had already attached Kalyan’s properties in Mumbai worth Rs 8.28 crore in February. The agency had initiated action against him under FEMA in December last year.
Investigators said the present case pertains to some unauthorized export documents which were allegedly produced by Kalyan’s production company for payment to foreign suppliers to earn FDI capital.
Both Kalyan and Gautam are expected to appear before ED commissioner Sanjay Saxena on October 29, 2018.
ED Registered Case On Pawan Kalyan and His Brother
The case has been registered under section 120-B (criminal conspiracy) of IPC and section 13(2) read with section 13(1)D of PMLA Act, 1999. The case was registered on the basis of May 2017 orders of Hyderabad High Court. Court.
Gautham had filed a case against Kalyan and his company My Film Productions Pvt Ltd in January 2018. He had alleged that Kalyan had intentionally caused harm to him and his two companies, which had illegally issued export orders worth over Rs 4.88 crore. As a result, he suffered a loss of Rs 1.31 crore.
On September 6, Kalyan and others were summoned by the court of Special Judge V V Giri. Both Kalyan and his wife, director Aditi Rao Hydari, had submitted their replies before the court in August. The court had directed the respondents to cooperate in the investigation and imposed a fine of Rs one lakh on them.
The case, which is being probed by senior officials of the agency, was filed under FEMA after the ED concluded that FDI was being traded in contravention.
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