ED raids Hiranandani Group's premises over FEMA violations
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Mumbai: In a case of foreign exchange violations, the Enforcement Directorate raided four to five locations belonging to major real estate group Hiranandani in and around Mumbai, PTI reports citing the official account.
The sources said the probe pertains to the alleged contravention of the Foreign Exchange Management Act (FEMA). It is not linked to another FEMA investigation against TMC leader Mahua Moitra, who was expelled as a Lok Sabha MP recently.
BJP MP Nishikant Dubey had accused Moitra of asking questions in Lok Sabha to target the Adani group and Prime Minister Narendra Modi at the behest of businessman Darshan Hiranandani in exchange for gifts.
Darshan Hiranandani is the son of a real estate tycoon and promoter of the Hiranandani group, Niranjan Hiranandani.
Dubey had also accused Moitra of compromising national security for monetary gains.
Moitra has denied any wrongdoing and claimed she was being targeted as she had raised questions on the deals of the Adani group.