ED searches in Nagaland human hair export FEMA case
NEW DELHI/KOHIMA [Maha Media]: The Enforcement Directorate (ED) on Tuesday conducted simultaneous searches in Nagaland, Assam and Tamil Nadu as part of a FEMA investigation into alleged illegal financial transactions under the garb of human hair export, officials said.
The action was initiated by the Dimapur office of the federal probe agency.
Two premises each in Dimapur and Guwahati and three in Chennai were searched under the provisions of the Foreign Exchange Management Act (FEMA). This is the first such action undertaken under the said law by the ED Nagaland office, the officials said.