Court summons Sasikala in forex case
Tamil Nadu

Court summons Sasikala in forex case

A special court in Egmore, Chennai, has issued summons to V K Sasikala, close aide of late Chief Minister J Jayalalitha who is in Paraparahara prison in Bengaluru serving a four-year sentence in the wealth case, to appear before it on December 13 connection with alleged foreign exchange violations in the import of equipment for the now defunct JJ TV in the 1990s.

The Additional Metropolitan Court, Egmore, has summoned her in connection the case alleged violation of Foreign Exchange Regulation Act (FERA) which has since been replaced by the Foreign Exchange Management Act.

The case, pursued by the Enforcement Directorate, is that Sasikala and her nephew Bhaskaran as chairwoman and director of the JJ TV Pt Ltd imported transponders and uplinking equipment from firms in the US and Singapore for the their channel and made payments without the approval of the RBI.

The court has already framed charges against the two through video-conferencing. On Nov 30, the present AMM-II M Valamarthi found that the Sasikala failed to appear in person to sign the papers in this connection, citing ill-health. She accordingly issued summons to her for production in court.

Sasikala’s counsel Ashokan has already filed a petition challenging in the high court the proceedings before the metropolitan magistrate. It is likely to come up for hearing next week.