• This forum contains old posts that have been closed. New threads and replies may not be made here. Please navigate to the relevant forum to create a new thread or post a reply.
  • Welcome to Tamil Brahmins forums.

    You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our Free Brahmin Community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

    If you have any problems with the registration process or your account login, please contact contact us.

Govt asks Ford Foundation to register under FEMA

Status
Not open for further replies.
S

sarang

0
Another india destabilizing organization reigned in. Lucky it is not banned. Hope it is investigated and punished/fined for its anti national/anti developmental funding in recent times.
-----
NEW DELHI: After putting Ford Foundation in the prior approval category, the Narendra Modi government has told the international donor's Indian arm to apply for registration under Foreign Exchange Management Act (FEMA), 1999.

Ford Foundation representatives, who have held a series of meetings with the home ministry as well as finance ministry brass since the home ministry ordered in April that all its grants in India be pre-approved by it, have been told that it needs to register with the RBI for a liaison office under FEMA.

This, the international NGO has been advised, is needed since it is not registered as a society, trust or corporate in India. A home ministry official told TOI its lack of registration under an Indian law means Ford Foundation does not have legal status, bringing its two bank accounts in India with American Express and Citibank, through which it reportedly pays salaries to its 50-odd staff here, into question.

http://timesofindia.indiatimes.com/india/Govt-asks-Ford-Foundation-to-register-under-FEMA/articleshow/47822863.cms?from=mdr
 
CBI probe ordered against Teesta Setalvad's company

Setalwad and ford foundation are involved; hope cbi does its work fast and these two are brought to trial, both for violating foreign currency rules and financing anti national activities.

It seems donations to ford foundation are dried up, and its employees may not get salaries. FF board members must also be questioned why they did not react to questionable activities of FF.
=======

A CBI probe has been ordered against social activist Teesta Setalvad-owned Sabrang Communications and Publishing Pvt Ltd (SCPPL) for receiving foreign funds from Ford Foundation in violation of the law, a home ministry official said on Friday.
"The CBI has been asked to complete the probe as soon as possible," the official told IANS, adding that the bank accounts of SCPPL have also been frozen.
"The IDBI bank's Khar west branch has been asked to freeze the company's accounts," he said.
The Central Bureau of Investigation (CBI( has also been asked to give status report of the probe to the ministry on monthly basis.
The SCPPL was not entitled to receive foreign funds as a private limited company which did not have Foreign Contribution Regulation Act, 2010 (FCRA) registration, he said.

http://www.thenewsminute.com/article/cbi-probe-ordered-against-teesta-setalvads-company-31597
 
Status
Not open for further replies.

Share this page

Share this page

Latest posts

Latest ads

Follow us on Social Media

Back
Top