Press Esc to close
Tuesday 19 September 2017
News updated at 8:31 PM IST

Ramdev TV channel under ED scanner

New Delhi, Aug 26 (PTI) 14:12 IST
The Enforcement Directorate will soon question Ramdev's close aide Balkrishna in connection with a money laundering case registered against him even as yet another enterprise of the yoga guru has come under the scanner of the agency.

While the ED is set to question Balkrishna on the foreign trips and investments he had made using his passport, it has begun scrutiny of funds inflow and remittances made in the television channel, Vedic broadcasting, run by Ramdev.

Sources in the agency said that a show cause notice for alleged irregularities in funds received in the channel would soon be issued.

The agency has got a report in this regard from the RBI and violations of forex laws is suspected, they said.

Ramdev and Balkrishna have rejected the charges of any wrongdoing.

The ED has stepped up the heat on the trusts and business enterprises of Ramdev as it has now completed the investigations in a number of instances.

The probe against Ramdev's trusts had begun last year.

The agency had registered the money laundering case against Balkrishna acting on the CBI FIR which had charged him with violations of the Passport Act.

The ED, which enforces the Prevention of Money Laundering Act (PMLA), suspects that Balkrishna, who has been looking after various trusts run by Ramdev, could have parked the alleged laundered money abroad using the forged passport as claimed by CBI.

Balkrishna is now out on bail after he was arrested by CBI for allegedly submitting fake documents for obtaining Indian passport.

The CBI had registered a case of cheating and criminal conspiracy against Balkrishna on July 23 last year for allegedly procuring fake degree and violating Section 12 of Indian Passport Act by furnishing fake and forged High School and graduation certificates to the passport authorities for obtaining the document.

The CBI had filed a charge-sheet in a special court here against Balkrishna in the case.

The ED, which is probing Ramdev's trusts for alleged forex contraventions, has till now issued three show cause notices under the Foreign Exchange Management Act (FEMA) provisions.

The Revenue department has already begun a final tax assessment of the trusts associated with Ramdev after service and I-T officials recently conducted special probes on these enterprises for alleged tax evasion.

The I-T department, in May, has also slapped a notice of Rs 58 crore on the sale of the ayurvedic medicines by these trusts.

The Service Tax department has similarly raised a demand of about Rs 5 crore on the 'yog shivirs' run by his trusts.

Go to Top

Photo Gallery
This Monday, Sept. 18, 2017, GOES East satellite image provided by NASA taken at 23:15 UTC, shows...

This Monday, Sept. 18, 2017, GOES East satellite image provided by NASA taken at 23:15 UTC, shows...

Devotees perform traditional Hindu ritual of 'tarpan' on the banks of River Ganga near the Howrah...

Devotees perform traditional Hindu ritual of 'tarpan' on the banks of River Ganga near the Howrah...

A top view during the unveiling of a kilometer long street 'Alpona' (sacred art painting) to...

A top view during the unveiling of a kilometer long street 'Alpona' (sacred art painting) to...

The mortal remains of Marshal of the Indian Air Force Arjan Singh being taken on a gun carriage...

The mortal remains of Marshal of the Indian Air Force Arjan Singh being taken on a gun carriage...

In this undated file photo distributed on Saturday, Sept. 16, 2017, by the North Korean government..

In this undated file photo distributed on Saturday, Sept. 16, 2017, by the North Korean government..

Anganwadi workers raise slogans during a protest over their various demands in Srinagar on Monday.

Anganwadi workers raise slogans during a protest over their various demands in Srinagar on Monday.

Models from 42 countries participating in the Face of Beauty International 2017 contest, pose...

Models from 42 countries participating in the Face of Beauty International 2017 contest, pose...

Models from 42 countries participating in the Face of Beauty International 2017 contest, pose...

Models from 42 countries participating in the Face of Beauty International 2017 contest, pose...

Flooding around the Aluva Siva Temple in Kochi on Monday, as heavy rain continues to lash...

Flooding around the Aluva Siva Temple in Kochi on Monday, as heavy rain continues to lash...

BJP National President Amit Shah outside a court in Ahmedabad on Monday to depose as defence...

BJP National President Amit Shah outside a court in Ahmedabad on Monday to depose as defence...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.