Enforcement Directorate has found Baba Ramdev in violation of Foreign Exchange Management Act (FEMA). The Trust that operates all the ashrams in India and abroad is charged with receiving money from various countries abroad.
The Enforcement Directorate reportedly has evidence of remittance of RS.7.5 rore from UK recently. It is also said that his Little Cumbrae island in Scotland is also being investigated. According to the sources, they also have evidences of foreign remittances to Ramdev and his trusts, including the Patanjali Yogpeeth and Divya Yoga Mandir Trust.
The Yoga Guru is a world famous figure now. His ashram is located on the Delhi-Haridwar Highway. And also his webiste has disclosed the audited balance sheets of his trusts. He had later on gave his whole heared support the Anna Hazare so as to compel the government to bring back the black money stashed away by Indians and bundled back to Haridwar. His supporters turned up in large numbers for Anna Hazare protests.
No sooner that Baba came into focus as a crusader against black money the government began cracking on the ashram and its finances. Aide Acharya Balakrishna informed that the total capital of the trust is Rs.249.53 crore. According to the reports, the capital held by Patanjali is Rs 164.8 crore and the trust spent Rs. 249 crore in charity.
Acharya also claimed that they conduct annual audit and gives income tax regularly. And it is reported that the total capital of different institutions associated with Ramdev is nearly Rs. 426 crore.
News Reported by AR for Newsvision
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