« Back to articlePrint this article

D searches Hirandandani premises as part of FEMA probe

Last updated on: February 22, 2024 14:16 IST

The Enforcement Directorate on Thursday searched four to five premises of prominent real estate group Hiranandani in and around Mumbai on charges of foreign exchange violations, official sources said.

The probe pertains to alleged contravention of the Foreign Exchange Management Act (FEMA), the sources said.

It is not linked to another FEMA investigation against Trinamool Congress (TMC) leader Mahua Moitra who was expelled as a Lok Sabha MP recently.


Bharatiya Janata Party (BJP) MP Nishikant Dubey had accused Moitra of asking questions in Lok Sabha to target the Adani group and Prime Minister Narendra Modi at the behest of businessman Darshan Hiranandani in exchange for gifts.

Darshan Hiranandani is the son of real estate tycoon and promoter of the Hiranandani group, Niranjan Hiranandani.

Dubey had also accused Moitra of compromising national security for monetary gains.

Moitra has denied any wrongdoing and claimed she was being targeted as she had raised questions on the deals of the Adani group.

© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.