Punjab CM son Raninder Singh reaches ED office for probe in FEMA violation case

Earlier, he was supposed to appear before the investigating agency on November 6 and on October 23.

Punjab CM-Son Raninder-Singh

Punjab Chief Minister Amarinder Singh's son Raninder Singh has appeared before the Enforcement Directorate at its Jalandhar office on Thursday for the probe into the alleged Foreign Exchange Management Act (FEMA) violation case.

According to the official sources, Raninder Singh reached the ED office at around 11 am on Thursday. He is being accompanied by his lawyer Jaiveer Shergill and Tejinder Singh Bittu, former- Chairman, Improvement Trust, Jalandhar. 

Notably, Raninder has visited ED's zonal office after he was issued the third summon. 

Earlier, he was supposed to appear before the investigating agency on November 6 and on October 23. 

Also Read: From IT to ED, why is Punjab CM son Raninder Singh facing forex cases?

Reiterating the facts, the ED summons pertains to a case registered by the agency under the FEMA for Raninder's involvement in alleged forex contraventions and holding untaxed foreign assets.

Back in 2016, Raninder Singh was quizzed over the same case by the ED where he was asked to explain the alleged movement of funds to Switzerland and the creation of a trust and a few subsidiaries in the British Virgin Islands.

Also Read: The timing of the summon is questionable: Punjab CM Captain Amarinder's son Raninder Singh confirms ED summon

It is pertinent to mention here, the Income Tax Department had initially evaluated the alleged instances of possession of properties abroad. 

Raninder, however, had earlier denied any wrongdoing.


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