ED lodges FEMA case against BBC India for ‘foreign exchange violation’, questions employees
Six employees, including one of the directors of BBC India, have been questioned so far, officials said. In February, the I-T Department had carried out surveys at BBC premises over what it alleged was ‘non-compliance’ with transfer pricing rules and vast diversion of profits.
During the I-T survey at BBC office in New Delhi. (Express photo by Prem Nath Pandey)
The Enforcement Directorate (ED) has registered a case against British Broadcasting Company (BBC) India under the Foreign Exchange Management Act (FEMA) for alleged foreign exchange violations. The case was registered two weeks ago and the agency has questioned six employees, including one of the directors of BBC India, officials said.
The ED action follows surveys by the Income-Tax Department in February at BBC premises in New Delhi and Mumbai for the firm’s alleged “non-compliance” with transfer pricing rules and diversion of profits.
The tax department’s action came after the British broadcaster had on January 17 released a documentary on the 2002 Gujarat riots titled “India: The Modi Question”. On January 20, the Centre ordered YouTube and Twitter to take down links sharing the documentary with officials saying it was found to be “undermining the sovereignty and integrity of India.”
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