The financial damage to CG’s balance sheet is now estimated to be in excess of Rs 3,000 crore.
Venkatesh who was allegedly travelling to Belgium was prevented from travelling abroad and handed over to the officials from the Ministry of Corporate Affairs.
This is the first time the federal agency probing the airline under FEMA is questioning the embattled founder.
ED and CBI probe if former FM Chidambaram and his son Karti received any kickbacks in lieu of these approvals.
Thapar was ousted from the chairmanship of the troubled CG Power and Industrial Solutions last week after alleged irregularities and unauthorised transactions surfaced.
Former auditor asked to appear too; ministry officials inspect co’s headquarters.
Searches are being carried out under the provisions of the FEMA and are aimed at gathering additional evidence, ED officials said.
BSR on Thursday filed a writ petition challenging the NCLT order where it, was sacked from auditing IFIN.
Taxman says trusts’ registrations can only be cancelled; Tatas say they will appeal.
The move assumes significance as it comes at a time when the Malayasian authorities have banned Naik from delivering public speeches .
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