Adnan Sami fined INR5,000,000 for buying Mumbai properties

Posted in : Gossips

(added few months ago!)

A court in India has slapped a fine worth INR5,000,000 on singer Adnan Sami for buying properties in Mumbai in 2003, Indian media reported. According to the reports, a tribunal for India's Foreign Exchange Management Act (FEMA) imposed the hefty fine over the purchase of eight properties in Mumbai — when he was not an Indian citizen — without obtaining permission from the Reserve Bank of India. The tribunal, on the other hand, refused the petition to confiscate the same properties but bumped up the prior fine of INR2,000,000 to INR5,000,000, which was to be paid in three months after the court's order. Sami had previously paid INR1,000,000 of the total fine. "Sami shall deposit the remaining ?40 lakh [INR4,000,000] with the respondent [ED] within three months from today. As no case under Section 13(2) [pertaining to the confiscation,] the said findings and part of the order is quashed,” the court said in its ruling, according to an Indian media outlet. The publication noted that the flats in Mumbai had costed Sami almost INR25,300,000. He maintained that he was unaware of Pakistanis not being allowed to buy immovable property in India, it added.

Adnan Sami fined INR5,000,000 for buying Mumbai properties

Blog post Written by Web Desk and you can visit the original article at https://www.geo.tv/

Tags : Adnan Sami, Fine, INR5, 000, 000, Buy, Mumbai, Properties, Artist, Bollywood, Singer, Pakistani, FEMA, Foreign, Exchange, Refuse, Celebrity, Case, Media, Property

Related Posts

» Adnan Siddiqui, Sajal Ali’s Bollywood debut receives cross border praise

» Mawra Hocane is searching a House in Mumbai

» Sajal Ali and Adnan Siddiqui On The Set Of Their Upcoming Bollywood Movie

» Sajjal Ali and Adnan Siddiqui are coming together in Bollywood Movie with Sri Devi

» Adnan Sami Become Indian Citizen

» ‘I am being offered gangster roles and action movies now’ – Ali Zafar Exclusive from Mumbai

» Living in a tent in India better than going back to Pakistan: Adnan Sami

(added few months ago!) / 519 views

Comments (0)

Search this blog..

Top Stories of the week

Existing Users Login
User ID  
Password  
 
 
Join Now / Forgot Password

also you can..
Login with Facebook