Kasaragod: ED books Kunhahmed Musliyar Memorial Trust for FCRA violation
New Delhi (PTI): The Enforcement Directorate has registered a forex violation case against a Kerala-based charitable organisation for receiving Rs 220 crore from abroad in alleged violation of the Foreign Contribution Regulation Act (FCRA).
The investigation pertains to Kunhahmed Musliyar Memorial Trust located in Kasargod and its chairman Ibrahim Ahmad Ali, an NRI.
Searches were conducted under the Foreign Exchange Management Act (FEMA) at two locations in Kasargod on Thursday in connection with the case, the ED said in a statement.
The Trust, according to the ED, received more than Rs 220 crore since 2021 from Ibrahim Ahmad Ali, which was reflected in the books of accounts as "unsecured" loans.
However, no loan agreement, interest rate terms, or repayment schedule were available, and no repayment had been made till date, the probe agency said.
The probe found that these funds were received by Ali from a UAE company named Universal Lubricants LLC.
In the absence of supporting documents and in view of the clarification given under a section of the FCRA, the said loan prima facie qualified as "foreign contribution" under FCRA, the statement said.
According to the ED, the Trust is "not registered" under the FCRA and does not possess the "mandatory permission" or a designated FCRA bank account to receive foreign contributions.
It was found that a part of these foreign contributions was "utilised" for the purchase of agricultural land in India, in violation of the existing regulations.
The search action found that the Trust received Rs 2.49 crore in "cash" from Ali in violation of FEMA provisions.
"During the search, incriminating documents, ledger accounts showing unsecured loans of Rs 220 crore, the cash book of the Trust, and a hard disk containing financial data were seized," the ED said.
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Barber held for beating man to death over 'bidi' in east Delhi
New Delhi (PTI): A 32-year-old barber was arrested on Wednesday for allegedly beating a man to death following an altercation over a 'bidi' in east Delhi's Pandav Nagar area, police said.
A call regarding the incident that occurred near the bus stand road in Shashi Garden was received at 1.24 am, they said.
The victim was identified as Deepak (28), while the accused was Manoj, he added.
According to the police, during an argument, the accused picked up a wooden stick lying nearby and struck the victim repeatedly on the head. Multiple injuries and bruise marks were also found on the victim's forehead.
"Deepak was taken to Lal Bahadur Shastri Hospital, but doctors declared him brought dead," an officer said.
An FIR has been registered and further investigation is underway, the officer added.
