Mumbai, July 11:
The Enforcement Directorate has initiated a FEMA investigation and conducted searches against a Mumbai-based film producer and his company on charges of holding undisclosed foreign assets and other alleged irregularities, officials said on Friday.
The central agency conducted searches against Kalanee Impex Ltd. and its director Dharmesh Sangani on Thursday under the Foreign Exchange Management Act (FEMA).
The officials alleged Sangani tried to throw his mobile phone from the 13th floor of a building during the search, which was later retrieved by the sleuths. The ED has filed a complaint against Sangani with the Mumbai Police on the charge of destruction of evidence.
Sangani or his company could not be contacted immediately. A response from a film academy he is linked to, is awaited.