Image Source : PTI Niranjan Hiranandani (Centre), co-founder and managing director of Mumbai-based actual property developer Hiranandani Group.
Niranjan Hiranandani, co-founder and managing director of Mumbai-based actual property developer Hiranandani Group, has sought one week extra time on well being grounds from the Enforcement Directorate (ED) to seem earlier than it for questioning in a overseas trade violation case, sources mentioned.
Niranjan Hiranandani has mentioned that medical doctors have suggested him for at the very least per week’s relaxation as he suffers from a hearth-related problem and is being handled for a similar. Meanwhile, his son Darshan Hiranandani has sought time until March 4 to seem earlier than the probing company.
Apart from this, clarifying on reviews that each Niranjan Hiranandani and his son, had been issued a summon by the ED for February 26, they mentioned, “no summons were received for February 26 by any member of the Hiranandani group. All details were provided to ED and further details shall be provided (if required). We will continue to cooperate fully. The group remains confident that this 15-year-old matter poses no FEMA violations by the group whatsoever.”
On rumours that Niranjan Hiranandani or Darshan are residents of Cyprus, they clarified, “neither of them have ever been citizens of any country except India and remain Indian citizens as well. Any suggestion made otherwise is false and malicious.”
Darshan Hiranandani has been residing in Dubai for the final a few years.
About 4 premises of the Hiranandani Group in and round Mumbai had been searched by the ED final week beneath the provisions of the Foreign Exchange Management Act (FEMA).
Apart from some overseas transactions, the company is claimed to be probing the beneficiaries of a British Virgin Islands (BVI)-based belief allegedly linked to the Hiranandani Group promoters. The group has mentioned it should cooperate with the ED on this FEMA investigation.
Official sources mentioned the ED probe shouldn’t be linked to a different FEMA investigation being performed towards TMC chief Mahua Moitra, who was expelled as a Lok Sabha MP in December final yr.
BJP MP Nishikant Dubey had accused Moitra of asking questions within the Lok Sabha to focus on the Adani Group and Prime Minister Narendra Modi on the behest of Darshan Hiranandani in trade for presents. Dubey had additionally accused Moitra of compromising nationwide safety for financial positive aspects.
Moitra has denied any wrongdoing and claimed she was being focused as she had raised questions on offers of the Adani Group.
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Source: www.indiatvnews.com
