FEMA cases filed against 15 cos: Govt

NEW DELHI : Government has filed cases under FEMA amounting to Rs 17,789.9 crore against 15 cos that have received FDI from tax havens like Mauritius, Singapore and Virgin Islands, Parliament was informed on Friday. "ED has registered cases under the Prevention of Money Laundering Act (PMLA), 2002, against one company for Rs 18.27 cr and under the FEMA, 1999, against 15 cos amounting to Rs 17,789.92 cr, which have received FDI from tax havens like Mauritius, France, Cyprus, Singapore, Virgin Islands, Luxembourg, Dubai and Tunisia," Minister of State for Finance Santosh Kumar Gangwar said.