How the media outlet violated foreign exchange rules

A hoarding of broadcaster BBC installed along the roadside in Mumbai. The ED has registered a case against BBC India under the Foreign Exchange Management Act (FEMA) for alleged foreign exchange violations. File photo/AFP

Trouble for the British Broadcasting Corporation (BBC) continues in India. In February, tax “surveys” were conducted at the broadcaster’s offices in Delhi and Mumbai. Now, BBC India is under the scanner for alleged foreign exchange violations. The Enforcement Directorate (ED), which is tasked with fighting financial crimes in India, has registered a case against it under Foreign Exchange Management Act (FEMA).

What is the latest case against BBC India?

Two weeks ago, the ED registered a case against BBC India for alleged foreign exchange violations. The investigation is based on…



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