The Indian Financial Crimes Combat Agency has fined the British station BBC £ 314,510 ($ 397,980) for alleged currency violations in the nation of southern Asia, three government sources said Reuters.
The Agency, the Indian Compliance Directorate (ED), opened an investigation into the BBC In April 2023, under the currency management law, two months after the tax authorities registered the issuing offices in Delhi and Mumbai.
The ED conducts investigations on alleged contraventions of the Interest Management Law of India and can “judge and impose sanctions” to those convicted, according to their website.
He BBCthat launched a new company for Indian language services in December 2023, received a notice of display cause at the beginning of that year for not reducing foreign property in the company to the permitted limit of 26 percent, the sources said.
As a result, the station has been fined with £ 314,510, together with a fine for each day since October 15, 2021, for violations. In addition, three directors of the company have been fined with £ 104,836 due to their roles in the supervision of operations during the contravention period, the sources added.
He BBC did not respond immediately to a Reuters Request for comments.
Tax raids in February 2023 followed the release of a BBC DOCUMARY ABOUT THE LEADERSHIP OF THE INDIAN PROPERTE NARENDRA MODI OF THE STATE OF GUJAAT DURING THE RIBITIES IN 2002. At least 1,000 people were killed in the disturbances, most of them Muslims.
The Indian government in 2023 had dismissed the documentary as “propaganda”, blocked its air and also prohibited the exchange of clips through social networks in the country.
Modi has denied accusations that he did not do enough to stop the disturbances, and was exonerated in 2012 after an investigation supervised by the Supreme Court.