{"id":42826,"date":"2024-08-28T11:41:28","date_gmt":"2024-08-28T11:41:28","guid":{"rendered":"https:\/\/thenftimes.com\/index.php\/2024\/08\/28\/ed-fines-dmk-mp-s-jagathrakshakan-and-family-rs-908-crore-in-fema-case-n-f-times\/"},"modified":"2024-08-28T11:41:30","modified_gmt":"2024-08-28T11:41:30","slug":"ed-fines-dmk-mp-s-jagathrakshakan-and-family-rs-908-crore-in-fema-case-n-f-times","status":"publish","type":"post","link":"https:\/\/thenftimes.com\/index.php\/2024\/08\/28\/ed-fines-dmk-mp-s-jagathrakshakan-and-family-rs-908-crore-in-fema-case-n-f-times\/","title":{"rendered":"ED fines DMK MP S Jagathrakshakan and family Rs 908 crore in FEMA case &#8211; N.F Times"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\u00a0<\/p>\n<p>Chennai: The Enforcement Directorate (ED) has fined DMK MP S Jagathrakshakan and his family \u20b9908 crore in a Foreign Exchange Management Act (FEMA) case. The agency said the amount includes confiscated assets worth \u20b989 crore.<\/p>\n<p>The ED in Chennai conducted a probe under FEMA against Tamil Nadu MP and businessman Jagathrakshakan, along with his family members and associated Indian entities. Properties valued at Rs. 89.19 crore, seized under Section 37A of FEMA, were ordered for confiscation, ED said in an X post.<\/p>\n<p>Additionally, a penalty of approximately \u20b9908 crore was levied through an Adjudication Order issued on Monday, it added.<\/p>\n<p>\u201cThe properties worth \u20b989.19 crore which were seized in terms of section 37A of FEMA were also ordered for confiscation, and penalty of \u20b9908 crore is levied vide Adjudication Order dated 26\/08\/2024,\u201d the ED said.<\/p>\n<p>Jagathratchakan, 76, represents the Arakkonam Lok Sabha seat.<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] \u00a0 Chennai: The Enforcement Directorate (ED) has fined DMK MP S Jagathrakshakan and his family \u20b9908 crore in a Foreign Exchange Management Act (FEMA) case. The agency said the amount includes confiscated assets worth \u20b989 crore. The ED in Chennai conducted a probe under FEMA against Tamil Nadu MP and businessman Jagathrakshakan, along with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-42826","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nation"},"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/08\/ED-fines-DMK-MP-S-Jagathrakshakan-and-family-Rs-908-crore-in-FEMA-case.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/42826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=42826"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/42826\/revisions"}],"predecessor-version":[{"id":42828,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/42826\/revisions\/42828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/42827"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=42826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=42826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=42826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}