Realty firm IREO in forex raids | india | Hindustan Times
Today in New Delhi, India
Feb 18, 2018-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Realty firm IREO in forex raids

The Enforcement Directorate today raided the offices of a realty company in the NCR in connection with alleged FEMA violations.

india Updated: Apr 22, 2010 21:40 IST

The Enforcement Directorate today raided the offices of a realty company in the NCR in connection with alleged FEMA violations.

Teams of ED today reached various offices of Ireo to probe into alleged violation of Foreign Exchange Management Act, finance ministry officials said.

When contacted, the company said in a statement, "Some Officials from the Department of Revenue have approached Ireo for certain information and clarifications, which are being duly responded to. Ireo remains committed to fully cooperate with the authorities, like always."