ED slaps ₹14.40 lakh penalty, confiscates ₹6.8 lakh in FEMA case against Geelani

The Enforcement Directorate has levied a penalty of ₹14.40 lakh and ordered confiscation of nearly ₹6.8 lakh in connection with a FEMA case against Jammu and Kashmir-based separatist Syed Ali Shah Geelani, officials said on Friday.

The case pertains to Mr. Geelani in illegal possession of foreign exchange, which was being investigated by the ED under the Foreign Exchange Management Act (FEMA).

After completion of the probe and adjudication proceeding, the Enforcement Directorate issued an order on March 20 under the FEMA, levying the ₹14.40 lakh penalty and confiscating forex of $10,000 (nearly ₹6.8 lakh) that was allegedly recovered from Mr. Geelani, they said.

The case was taken up by the ED on the basis of an Income Tax Department complaint against Mr. Geelani.

A similar proceeding against another separatist Yasin Malik, former Chairman of JKLF, is underway.


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