August 14
The Enforcement Directorate (ED) has asked separatist leader and chairman of Jammu Kashmir Liberation Front Mohammed Yasin Malik to appear before it in September with regards to a case involving violation of foreign exchange regulations.
Malik has been asked to appear before the ED in person or through an authorized representative on September 5 or 6.
The notice to Malik was issued under Foreign Exchange Management Act (FEMA) for an alleged foreign exchange regulation violation amounting to Rs 48.23 lakh in 2001.
The Jammu Kashmir Police had seized $100,000 (about Rs 48.23 lakh the value in Indian currency at that time) from Mushtaq Ahmad Dar and his wife Shamima alias Shazia alias Bitti, Dar had revealed to police that the money was meant for Malik.
He told police the money was given by a person in Nepal. When the case was registered, Malik was arrested but released on bail.
The ED notice sent to Malik, Dar and Shamima reads, ”This is to inform you that after considering the cause shown by you to the show cause notice, the assistant director is of the opinion that adjudication proceedings as contemplated in subsection 1 of Section 13 of the Foreign Exchange Management Act 1999 should be held against you.”
(This news was originally published on The week)