💨 Abstract

The Enforcement Directorate conducted searches at the chit fund company premises of Kerala-based businessman Gokulam Gopalan, one of the producers of the movie "L2: Empuraan", in relation to an alleged Rs 1,000 crore foreign exchange violation case. The searches are being carried out under the Foreign Exchange Management Act (FEMA) and involve various premises in different states.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖