Obtain docs of cos, trusts linked to Ramdev: ED
The Enforcement Directorate has asked various agencies to obtain documents related to companies and several trusts affiliated to Yoga guru Ramdev as part of its discreet probe into his offshore assets and investments.
New Delhi: The Enforcement Directorate has
asked various agencies to obtain documents related to
companies and several trusts affiliated to Yoga guru Ramdev as
part of its discreet probe into his offshore assets and
The ED is verifying the holding patterns and other details
of the companies through the Registrar of Companies (RoC) and
the Ministry of Corporate Affairs, official sources said.
The agency is probing whether Ramdev`s investments and
transactions were carried out in conformity with guidelines
laid down by the RBI and other regulatory bodies, they said.
The ED is also probing Ramdev`s island in Scotland which
was gifted to him by a couple, who are amongst his followers.
The Little Cumbrae Island, off the fishing town of Largs
in Scotland, serves as Ramdev`s base overseas and also as a
The discreet probe, according to the sources, is aimed at
checking the flow of money and transactions through various
trusts floated by Ramdev, including the Patanjali Yogpeeth
Trust, Divya Yoga Mandir Trust and Bharat Swabhiman Trust.
The Directorate, after completing the probe, may decide to
formally register a case under the provisions of the Foreign
Exchange Management Act (FEMA) or the stringent Prevention of
Money Laundering Act (PMLA), if findings show anything
unlawful, they said.
The discreet probe, also called `source` probe by
investigators, is done on the basis of available documents and
intelligence information from various official databases.
The CBI has also registered a preliminary enquiry (PE)
against Balakrishna, a close aide of Ramdev, for allegedly
using forged documents to acquire passport.