New Delhi, Feb. 17 -- The Enforcement Directorate (ED) has imposed a penalty of Rs.184 crore on the newsportal NewsClick and its founder Prabir Purkayastha for allegedly violating the foreign exchange management act (FEMA), the agency said in a statement on Monday.
Of the Rs.184 crore, Rs.120 crore penalty is on the NewsClick while Purkayastha has been penalised for Rs.64 crore.
NewsClick and its founder are under investigation by multiple agencies including the ED, the Central Bureau of Investigation (CBI), the Delhi Police and Income Tax department for violations ranging from anti-national activities to money laundering and violation of the foreign contribution regulation act (FCRA).
Delhi Police had arrested Purkayastha in October 2...
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