ED summons Amrinder Singh's son in FEMA violation case

Enforcement Directorate, ED has summoned Raninder Singh, son of former Punjab Chief Minister Capt Amrinder Singh, in connection with its probe against him for alleged forex contraventions and holding of untaxed foreign assets. Official sources said, Raninder has been summoned by the agency at its Chandigarh office to explain the alleged movement of funds to Switzerland and creation of a trust and few subsidiaries in the tax haven of British Virgin Islands. 

They said, the alleged violations have earlier been investigated by the



Income Tax department and a case in this regard is currently in court in Punjab. The next hearing in this case is slated for July 26. The case came to fore when Income Tax department received details of Raninder allegedly holding the offshore account in the alpine nation as part of details received in this regard by the Central Board of Direct Taxes from their French counterparts in 2011. Both Raninder and his father Amrinder Singh, a Lok Sabha Member, have denied any wrongdoing and have termed as false these charges made against them.