Syed Ali Geelani booked for possessing illegal foreign exchange: ED
Srinagar, Mar 22 (IBNS): The Enforcement Directorate (ED) today said Hurriyat Conference leader Syed Ali Geelani, who advocates Jammu and Kashmir's merger with Pakistan, had been booked under the Foreign Exchange Management Act (FEMA) for illegally possessing foreign exchange of $10,000.
According to reports, the ED in a statement said Geelani had been fined Rs 14.40 lakh following the confiscation of the unaccounted foreign currency from his house on.
"The adjudication proceeding in case of Syed Ali Shah Geelani for the offence of illegally possessing foreign exchange was completed on March 20 by levying penalty of Rs 14.40 lakh on him along with confiscation of foreign exchange US $ 10,000," said an ED statement, adding that it took over the case following a complaint by the income tax department.
The ED also said it would initiate action against JKLF chief Yasin Malik for illegally acquiring foreign exchange.
The Union government on Friday banned the JKLF under anti-terror law.
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