ED conducts searches against BYJU's CEO Raveendran, says he never appeared for questioning
New Delhi (PTI): The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's CEO Raveendran Bjyu and seized "incriminating" documents and digital data as part of a foreign exchange violation probe.
A total of three premises, two business and one residential, were raided recently under the provisions of the Foreign Exchange Management Act (FEMA), it said in a statement.
The agency said it has seized various incriminating documents and digital data.
It said the action was taken on the basis of "various complaints" received by private people and alleged that Raveendran Bjyu was issued "several" summons but he remained "evasive and never appeared" before the ED.
The searches found that his company, Think & Learn Pvt. Ltd., received foreign direct investment (FDI) to the tune of about Rs 28,000 crore during 2011-2023.
"The company also remitted about Rs 9,754 crore to various foreign jurisdictions during the same period in the name of overseas direct investment," the agency said.
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DK Shivakumar files petition in Karnataka HC challenging FIR against him
Bengaluru: Deputy Chief Minister of Karnataka DK Shivakumar has approached the Karnataka High Court challenging the FIR filed against him at the RMC Yard Police Station in the city based on a complaint by a BJP member that he has been luring and threatening people to vote in favour of the Congress in the ongoing Lok Sabha elections.
The BJP had complained to the police that Shivakumar, while campaigning at an apartment at Rajarajeshwari Nagar on behalf of DK Suresh, the Congress candidate from Bangalore Rural constituency, had not only threatened the voters but had also blackmailed them in order to gain their votes for the Congress. A video clip, allegedly of Shivakumar, who is the President of the Karnataka Pradesh Congress Committee (KPCC), speaking harshly to the voters, had also been shared on social media platforms.
ALSO READ: ED seeks EC action against K'taka Congress MLA on Rs 42 crore funds during 2023 polls
The BJP had also complained to the Election Commission regarding the matter. In addition, a case had been filed earlier against Shivakumar on charges of graft and use of influence during elections.
RMC Yard Police booked an FIR against the Deputy CM on Saturday based on the complaint and the officers are investigating the case.
The KPCC President has filed a petition in the Karnataka High Court seeking a quashing of the case against him.
