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Violation of foreign exchange laws; ED Check in Tamilnadu

CHENNAI: As a part of the investigation associated to the violation of the Overseas Alternate Act, the Enforcement Directorate has carried out inspections at a number of locations in Tamil Nadu. The take a look at was on Monday.

In a case filed underneath the Overseas Alternate Administration Act (FEMA), round 10 areas have been searched, sources mentioned. Officers mentioned the investigation is expounded to violation of the provisions of the Overseas Alternate Act.

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