The Bharatiya Janata Party’s central headquarters in-charge, Shyam Jaju, has been served a directive under the Foreign Exchange Management Act asking him to provide details of his “foreign bank accounts”.
The Bharatiya Janata Party’s central headquarters in-charge, Shyam Jaju, has been served a directive under the Foreign Exchange Management Act asking him to provide details of his “foreign bank accounts”.
Sources in the Enforcement Directorate (ED), which is responsible for enforcing the Foreign Exchange Management Act (FEMA), said the ED had found evidence that Jaju had bank accounts in Dubai. The sources said a directive under FEMA had been issued to Jaju earlier this month.
In July last, Jaju was accused of signing an MoU (memorandum of understanding) for investments worth “crores of rupees” with a foreign firm, SK Infotech P Ltd. Jaju had then flatly denied the charge, calling it false and baseless.
The current ED directive is perhaps the first official confirmation that the law enforcement agencies may collected sufficient evidence to act against Jaju. Jaju admitted that he had received a directive from the ED but insisted that he had nothing to do with any foreign bank account.
“I received a letter from the ED on 10 September. They have sought details from me of a Dubai bank account. But I want to clarify I am not maintaining any such foreign account,” Jaju told . He added that he would respond to the ED’s directive soon.
Jaju was first in the news for the wrong reasons when Rs 2.6 crore disappeared from the BJP’s central office in December 2008. Then, in January last, a media studies student based in Delhi, Chandan Kumar Jha, tried to get details of Jaju’s bank account from the Andhra Bank branch located close to the BJP office. Jha had a fake permanent account number (PAN) card in the name of Jaju with him. However, a suspicious bank official called up Jaju and Jha was arrested. Later, three fake PAN cards, all in the name of Jaju, were recovered from Jha.
In July, the chief metropolitan magistrate hearing Jaju’s case ordered police inquiry into allegations against Jaju through an anonymous letter. Police suspect a link between the theft at BJP office and the Andhra bank incident.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}