Rahat About Forex Norms
According to the Indian press that singer Rahat Fateh Ali Khan has been issued a show cause notice in connection to his 2011 currency smuggling case. The Enforcement Directorate has issued a show cause notice against Pakistani singer Rahat Fateh Ali Khan as part of an alleged exchange violation case, officials said Wednesday. The notice of violation of currency funds and smuggling $124, 000 issued under the Foreign Exchange Management Act, following the probe in the 2014 case finished recently.
They said the notification for violation of currency funds to the tune of Rs 2 crore issued. Under the Foreign Exchange Management Act, following the probe in the case finished recently. They added Khan, who’s popular because of his renditions in Pakistan and India, has asked to answer to the notice within 45 days. Rahat Fateh Ali Khan denied even receiving the notification. We didn’t get any notice from any jurisdiction in India regarding money laundering or smuggling, & his manager, Amir Hussain said.
According to Indian Media Reports:
In addition to this, we’re not aware what Indian media is spreading like we’ve not yet seen such news. It’d pioneered the step after getting records of said cash of the RBI. The singer that grilled by ED in this case in the past. He said he’d done nothing wrong plus they were carrying a large amount of money. Because they were traveling in a group and the act was inadvertent.
The ED, which is the central agency to probe such currency violations under the Federal Emergency Management Agency. Took over the case following this episode. It’d pioneered the step after getting records of said cash of the RBI. The singer had earlier responded by stating that he’d done nothing wrong. And was carrying a large amount of money because he was traveling in a group. Let’s see what happens in the future.