Sasikala to be questioned via video conference in FERA case within two weeks

The Enforcement Directorate had filed these cases in the 1990s for the violation of foreign exchange regulations.
Sasikala to be questioned via video conference in FERA case within two weeks
Sasikala to be questioned via video conference in FERA case within two weeks
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The Egmore Magistrate Court on Thursday approved a petition filed by VK Sasikala seeking to appear for questioning in the two-decade-old Foreign Exchange Regulation Act (FERA) cases via video conference.

The questioning will be completed within two weeks, the court said.

The Enforcement Directorate had filed these cases in the 1990s for the violation of foreign exchange regulations.

In 1996, the ED probed charges against JJ TV, a predecessor of Jaya TV, where Sasikala was the director and chairperson.

These charges related to foreign exchange payments to various companies for uplinking facilities and transponder hiring charges.

In February this year, in a huge setback to Sasikala, the Madras High Court had refused to discharge her from the FERA cases.

The cases date back to former Chief Minister Jayalalithaa’s first term in power. Sasikala, who was the late CM’s confidante was arrested on June 20, 1996 for FERA violations, shortly after Jayalalithaa was routed in the Assembly Elections. She spent 11 months in jail before she was granted bail.

Currently, Sasikala is lodged in the Parappana Agrahara Central Prison on the outskirts of Bengaluru after she was convicted in the Disproportionate Assets case by the Supreme Court in February. 

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