<p class="title">The Enforcement Directorate has issued a FEMA notice to Kashmiri separatist leader Yasin Malik and two others for alleged forex violation of Rs 48.23 lakh, official sources said on Friday.</p>.<p class="bodytext">The show cause notice to the Jammu and Kashmir Liberation Front chief and a Srinagar-based couple was issued recently by the central probe agency under provisions of the Foreign Exchange Management Act (FEMA), they said.</p>.<p class="bodytext">The case relates to a 2001 FIR from the Jammu and Kashmir police, which seized $1,00,000 (about Rs 48.23 lakh according to conversion rates at the time) from Srinagar -based Mushtaq Ahmad Dar and his wife Shamima alias Shazia aias Bitti.</p>.<p class="bodytext">Dar reportedly told the police that the money was given to him by a person in Nepal to be handed to the JKLF chief.</p>.<p class="bodytext">Malik was arrested in the case but was later let off on bail.<br /><br />The FEMA notice has been issued after investigators completed their over the decade-long probe, officials said.</p>.<p class="bodytext">The agency has asked Malik and the two others to reply to the notice in the next 30 days after which civil adjudication proceedings will begin against them.</p>.<p class="bodytext">Malik was also summoned by the ED in the case but never went.</p>
<p class="title">The Enforcement Directorate has issued a FEMA notice to Kashmiri separatist leader Yasin Malik and two others for alleged forex violation of Rs 48.23 lakh, official sources said on Friday.</p>.<p class="bodytext">The show cause notice to the Jammu and Kashmir Liberation Front chief and a Srinagar-based couple was issued recently by the central probe agency under provisions of the Foreign Exchange Management Act (FEMA), they said.</p>.<p class="bodytext">The case relates to a 2001 FIR from the Jammu and Kashmir police, which seized $1,00,000 (about Rs 48.23 lakh according to conversion rates at the time) from Srinagar -based Mushtaq Ahmad Dar and his wife Shamima alias Shazia aias Bitti.</p>.<p class="bodytext">Dar reportedly told the police that the money was given to him by a person in Nepal to be handed to the JKLF chief.</p>.<p class="bodytext">Malik was arrested in the case but was later let off on bail.<br /><br />The FEMA notice has been issued after investigators completed their over the decade-long probe, officials said.</p>.<p class="bodytext">The agency has asked Malik and the two others to reply to the notice in the next 30 days after which civil adjudication proceedings will begin against them.</p>.<p class="bodytext">Malik was also summoned by the ED in the case but never went.</p>