BJD MP Raises Issue of Alleged Money Laundering by Former Party Member Jay Panda
Bharthari Mehtab alleged that Jay Panda, an Indian passport holder, along with his wife and family associate had opened an account in tax haven Bahamas in violation of rules.
BJD Lok Sabha MP Bhartruhari Mahtab.
New Delhi: BJD MP Bharthari Mehtab on Tuesday raised the issue of alleged FEMA violation and money
laundering by former MP Baijayant Jay Panda and wanted to know what steps were being taken by the Centre in this regard.
Panda was suspended from the BJD last year. He alleged that Jay Panda, an Indian passport holder, along with his wife and family associate had opened an account in tax haven Bahamas in violation of rules.
He wanted to know as to what action has been taken by the Centre.
"What steps Union government has taken? Is it still at investigation stage? How long will it take to complete the investigation?," he said in the Lok Sabha during Zero Hour.
Recently there were reports that the Income Tax Department received a complaint alleging money laundering and violation of Foreign Exchange Management Act (FEMA) by former Biju Janata Dal MP and Odisha industrialist Jay Panda.
Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.
Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.
Recommended For You
- Prabhas and Raveena Tandon Dance on 'Tip Tip Barsa Pani' on Nach Baliye 9
- Metz M55G2 4K Android TV Review: So Good, it Should Cost a Lot More Than Rs 42,990
- Android 10 Confirmed to Arrive on All Nokia Smartphones
- India Women's Football Team to Play Two Friendlies Against Uzbekistan
- Jemimah Rodrigues Impresses Yorkshire Teammates With Impromptu Concert