<p>Enforcement Directorate (ED) has issued a fresh summons to former Punjab chief minister Amarinder Singh’s son Raninder in connection with a case of forex contraventions and holding of untaxed foreign assets.<br /><br /></p>.<p>He has been asked to appear before the investigating officer in the case on July 14 at ED zonal office in Jalandhar with personal financial documents.<br /><br />Raninder was previously summoned by ED last month for questioning but he sought extension citing health problems. Accepting his plea, ED has now asked him to appear on Thursday.<br /><br />During questioning, he will have to explain the movement of funds to Switzerland and creation of a trust and a few subsidiaries in the British Virgin Islands. The Income Tax (IT) department had earlier investigated the case.<br /><br />A court in Punjab is presently hearing the case filed by the IT Department, which acted upon of a tip-off that Raninder was holding an offshore account in France from 2011. ED suspects that Raninder violated the Foreign Exchange Management Act (FEMA).</p>
<p>Enforcement Directorate (ED) has issued a fresh summons to former Punjab chief minister Amarinder Singh’s son Raninder in connection with a case of forex contraventions and holding of untaxed foreign assets.<br /><br /></p>.<p>He has been asked to appear before the investigating officer in the case on July 14 at ED zonal office in Jalandhar with personal financial documents.<br /><br />Raninder was previously summoned by ED last month for questioning but he sought extension citing health problems. Accepting his plea, ED has now asked him to appear on Thursday.<br /><br />During questioning, he will have to explain the movement of funds to Switzerland and creation of a trust and a few subsidiaries in the British Virgin Islands. The Income Tax (IT) department had earlier investigated the case.<br /><br />A court in Punjab is presently hearing the case filed by the IT Department, which acted upon of a tip-off that Raninder was holding an offshore account in France from 2011. ED suspects that Raninder violated the Foreign Exchange Management Act (FEMA).</p>
