ED summons Amazon, Future Group executives in FEMA probe
The Hindu
The executives have been summoned along with documents for the coming week under the provisions of the Foreign Exchange Management Act (FEMA), say official sources
The Enforcement Directorate (ED) has summoned senior executives of Amazon India, including its country head Amit Agarwal, and that of the Future group for questioning in a foreign exchange violation probe linked to the disputed deal between the two conglomerates, official sources said on November 28.
The executives have been summoned along with documents for the coming week under the provisions of the Foreign Exchange Management Act (FEMA), they said.
Amazon India head Agarwal, some other senior officials of the company and those of the Future Group have been called, the sources said.
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