Haridwar: Reacting to reports of the foreign exchange violations case registered against him by the Enforcement Directorate (ED), Baba Ramdev clarified on Thursday that he had no knowledge of the FEMA charges against him and that he had heard of “the allegations only through the media.”
Speaking to a news channel, the yoga guru made it clear that he is yet to get any notice from the ED.
He also emphasised that his trust was run in a “transparent and open manner”.
On the issue of Cumbrae Island, the yoga guru said that it was “a gift to the trust by a devotee”.
According to sources, at least 50 companies of Ramdev’s trust are under the ED scanner.
The ED registered the case against Baba Ramdev on the basis of a report from the RBI and inputs from abroad on "suspicious" financial transactions done by Ramdev`s trusts, the official sources said.
The ED had earlier allegedly found foreign remittances and inflow of certain funds during its discreet probe in the case and the action has now been taken under the provisions of the Foreign Exchange Management Act (FEMA), as per the sources.
In connection with its probe into Ramdev`s finances, the ED had approached authorities in the UK seeking financial details about an island in Scotland that was `gifted` to the Yoga guru by a couple who are among his followers.
The Little Cumbrae Island, off the fishing town of Largs in Scotland, serves as Ramdev`s base overseas and also as a wellness centre. The Directorate has asked the authorities in the UK to help it get inputs on funding-related aspects of the island, the sources said.
The ED`s probe 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, they said.
The agency had also approached officials in the island nation of Madagascar.
With PTI inputs