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Ed seizes Dabur India Director's Assets worth Rs 21 Cr

Tuesday, May 22, 2018, 4:33 PM

New Delhi: The Enforcement Directorate on Tuesday seized assets worth Rs.20.87 crore belonging to the director of Dabur India Limited under Foreign Exchange Management Act for holding assets abroad. The investigation revealed that Pradip Burman had deposited dollar 3.21 million with the HSBC Bank in Zurich and Burman had not shown it in the IT returns filed in India for the period 2007-08.

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