Enforcement Directorate fines Amnesty India International and former CEO for Violation

Amnesty India International was using the method of Foreign Direct Investment (FDI) in the guise of business to evade the provisions of the foreign contributions Regulations Act (FCRA).

Enforcement Directorate fines Amnesty India International and former CEO for Violation
Former Amnesty India International CEO Aakar Patel. Source: Wikimedia commons

On July 8, 2022, the Adjudicating Authority of the Enforcement Directorate (ED) issued a penalty of INR 517.2 million to Amnesty India International Pvt. Ltd and a penalty of INR 100 million to the former CEO of the company, Aakar Patel. The penalties were issued under the Foreign Exchange Management Act (FEMA), in response to the company’s alleged contravention of the foreign exchange law.

Days after the ED received a comprehensive response to the show-cause notice from Amnesty International India, the adjudicating body determined that Amnesty International Pvt Ltd (AIIPL) was engaged in activities unrelated to their declared commercial activity.