FERA charges, one arrested

CHENNAI, Jan. 29: The Enforcement Directorate has arrested V Kamaraj 25 of Sterling Exchange Corporation, on charges of FERA irregularties...

• January 31, 1998 12:00 AM IST
1 min read

CHENNAI, Jan. 29: The Enforcement Directorate has arrested V Kamaraj 25 of Sterling Exchange Corporation, on charges of FERA irregularties indulged by a group of Full Fledged Money Changers. Massive search operations were conducted on several such Changers in Chennai and Tiruchi and incriminating documents, foreign curriencies and travellers cheque used for forex violations were retrieved.

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