The Enforcement Directorate (ED) has registered a case under Foreign Exchange Management Act (FEMA) against British Broadcasting Corporation (BBC) India for alleged foreign exchange violations.
The agency also summoned BBC staffers for questioning following which its Deputy Managing Editor deposed on Thursday. The ED action came nearly two months after the Income-Tax Department surveyed the BBC India’s offices in Delhi and Mumbai on February 14. The survey operation lasted for three days. The FEMA case was registered about two weeks back to essentially probe purported foreign direct investment (FDI) violations by the company and related instances, according to officials.
The ED has called for documents and the recording of statements of some company executives and a team of lawyers representing the company has already submitted some financial documents last week, they added.