ED issues notice to Amnesty India, CEO Aakar Patel; imposes Rs 61.72 Crore penalty under FEMA
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Image Credit: ANI
The Enforcement Directorate (ED) issued a show-cause notice to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of the Foreign Exchange Management Act, 1999 (FEMA) and imposed a penalty of Rs 51.72 crore and Rs 10 crore respectively, the agency said on Friday. The adjudicating authority of ED issued the notice.
