ED, I-T to look into source of money recovered from Rahat

Posted By: Pti
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New Delhi, Feb 16 (PTI) The Enforcement Directorateand the Income Tax department will soon approach theDirectorate of Revenue Intelligence to garner informationabout the source of foreign currency recovered from Pakistanisinger Rahat Fateh Ali Khan.

Official sources said the ED will focus on the eventmanagers and will also issue summons to them under theForeign Exchange Management Act (FEMA) to explain how they gotthe foreign exchange that was paid to the singer.

The Directorate will also look into whether the eventmanagers had prior clearance to make such payments in foreigncurrency.

The Income Tax department will seek details of a diaryseized from the possession of event manager ChitreshShrivastava which allegedly contained names of some Bollywoodstars.

Rahat (37) along with his manager Maaroof andShrivastava was detained on February 14 at the IGI airportafter USD 1.24 lakh was allegedly recovered from theirpossession.

DRI also conducted searches on the premises of"Eyeline Telefilm and Events" in Mumbai, owned by Chitresh,elder brother of Bollywood singer Aadesh Shrivastava.

Sources privy to the investigations had claimed thatthe sleuths found Rs 51 lakh in cash which was seized besidessome documents. The Income Tax department will also look intothe source of the money seized from the firm''s premises.

The DRI has summoned the singer to appear before it onFebruary 17.

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