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Amnesty denies ED charge of violating FEMA

By The Assam Tribune
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NEW DELHI, Sept 10 - Human rights watchdog Amnesty International India on Tuesday denied charges of violating the foreign exchange law after it was recently served with a show cause notice by the Enforcement Directorate (ED).

�Amnesty International India acknowledges that Amnesty International India Private Limited has received a show cause notice from the Enforcement Directorate.�

�We deny the charges. We have faith in the Constitution and the judicial processes and cannot share further details before answering the notice,� a spokesperson for the global body said.

The ED had issued a show-cause notice to Amnesty International India Pvt Ltd on July 25 for alleged contravention of the Foreign Exchange Management Act (FEMA) to the tune of over Rs 51 crore.

Official sources had last week said that the notice was issued after completion of probe.

The alleged FEMA contravention is related to the borrowing and lending regulations to the tune of Rs 51.72 crore for rendering civil society activities in the country by getting remittances from its parent body, Amnesty International UK, in the garb of export of services, sources said.

The show cause notice was issued by the Adjudicating Authority of the FEMA, which is a special director rank officer of the ED. � PTI

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Amnesty denies ED charge of violating FEMA

NEW DELHI, Sept 10 - Human rights watchdog Amnesty International India on Tuesday denied charges of violating the foreign exchange law after it was recently served with a show cause notice by the Enforcement Directorate (ED).

�Amnesty International India acknowledges that Amnesty International India Private Limited has received a show cause notice from the Enforcement Directorate.�

�We deny the charges. We have faith in the Constitution and the judicial processes and cannot share further details before answering the notice,� a spokesperson for the global body said.

The ED had issued a show-cause notice to Amnesty International India Pvt Ltd on July 25 for alleged contravention of the Foreign Exchange Management Act (FEMA) to the tune of over Rs 51 crore.

Official sources had last week said that the notice was issued after completion of probe.

The alleged FEMA contravention is related to the borrowing and lending regulations to the tune of Rs 51.72 crore for rendering civil society activities in the country by getting remittances from its parent body, Amnesty International UK, in the garb of export of services, sources said.

The show cause notice was issued by the Adjudicating Authority of the FEMA, which is a special director rank officer of the ED. � PTI

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