Punjab CM Amarinder Singh's son Raninder Singh has been summoned by the Enforcement Directorate on Tuesday in connection with alleged Foreign Exchange Management Act (FEMA) violation. Earlier, Raninder had appeared before the ED in 2016 and was reportedly asked to explain the alleged movement of funds to Switzerland and creation of Jacaranda Trust and subsidiaries in British Virgin Islands.
Punjab CM Amarinder Singh's son Raninder Singh has been summoned by the Enforcement Directorate on Tuesday in connection with alleged Foreign Exchange Management Act (FEMA) violation. Earlier, Raninder had appeared before the ED in 2016 and was reportedly asked to explain the alleged movement of funds to Switzerland and creation of Jacaranda Trust and subsidiaries in British Virgin Islands.