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ED issues FEMA penalty notices to Amnesty India, ex-CEO Aakar Patel

The federal agency said it initiated action against the two on the basis of information that Amnesty International, UK had been remitting "huge amount" of foreign contribution through its Indian entities (non-FCRA companies) following FDI route, in order to evade FCRA to expand its NGO activities in India

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Aakar Patel. File Pic

Aakar Patel. File Pic

Amnesty India International Pvt. Ltd and its former CEO Aakar Patel have been slapped with penalty of Rs 51.72 crore and Rs 10 crore respectively for contravention of the foreign exchange law, the ED said on Friday.

The federal agency said it initiated action against the two on the basis of information that Amnesty International, UK had been remitting "huge amount" of foreign contribution through its Indian entities (non-FCRA companies) following FDI route, in order to evade Foreign Contribution Regulation Act (FCRA) to expand its NGO activities in India.

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