ED Seizes Rs 21 Crore Assets Of Dabur's Pradip Burman

NEW DELHI: The ED on Tuesday said it has seized assets worth Rs 20.87 crore of Dabur group Director Pradip Burman in connection with its FEMA probe in the HSBC bank black money list unearthed few years ago. The Enforcement Directorate (ED) initiated the action under the provisions of the Foreign Exchange Management Act (FEMA) and the seized assets include 50,000 tax-free government bonds of HUDCO and IRFC. The agency took over the ca...