ED raids Vedanta Group in FEMA case

The searches are part of a Foreign Exchange Management Act (FEMA) violation investigation, officials said.
Chairman of Vedanta Resources Limited Anil Agarwal
Chairman of Vedanta Resources Limited Anil AgarwalFile Photo
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The Enforcement Directorate on Tuesday conducted searches against the Vedanta Group as part of a FEMA probe. The officials said the action was going on.

The searches are part of a Foreign Exchange Management Act (FEMA) violation investigation, they said. More details are yet to be ascertained.

An official statement from the company is awaited.

(With inputs from PTI)

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