ED summons actor Yami Gautam in FEMA violation case

Senior ED officials said the actress had received an amount of over ₹1 crore from an overseas entity few years ago, but she didn’t disclose it and didn’t comply with mandatory FEMA Rules

The Enforcement Directorate (ED) has summoned actor Yami Gautam in connection with an alleged violation of Fema (Foreign Exchange Management Act). This is the second summon issued to the actor, and she has been asked to visit the ED office on July 7.

Yami Gautam. (HT Archive)

Senior ED officers said the actor had received an amount of over ₹1 crore in her bank account from an overseas entity a few years ago, but she neither disclosed it nor did she comply with mandatory Fema rules.

Her bank officials informed the Central agency about the suspicious overseas transaction, equivalent to over ₹1 crore, in her account and the non-compliance of the transaction as per rule, said ED officers.

Following this, a case under Fema was registered and investigation was initiated last year. She was summoned last year, but due to the lockdown restrictions, she did not show up at ED office. So a fresh summon has been issued to her recently, an ED officer said.

She has been summoned to furnish details about the overseas transactions. If she is found guilty during the investigation, she may be asked to pay a hefty penalty for violations under Fema or may face other punishments as prescribed under Fema, ED sources indicated.

ED officers said that the further probe in the case is on. “She has defaulted in compliance of relevant norms and submitting documents as per the mandatory rules under Fema. We wish to question her about the source of the funds and why she failed to submit the documents and comply as per the rules. She has been asked to visit ED office at Ballard Estate along with relevant documents,” a senior ED officer said.