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ED seizes Rs 22 lakh from Punjab engineering firm over illegal deals in Syria, Turkey

Summary by Yes Punjab
New Delhi, Nov 16, 2025 The Directorate of Enforcement (ED) has launched a major action against a Phagwara-based engineering exporter for alleged violations of the Foreign Exchange Management Act (FEMA), 1999, the central agency said on Sunday. The searches, carried out on November 14 by the agency’s Jalandhar Zonal Office, targeted four locations linked to M/s Opal Engineering Corporation (OEC), a firm engaged in the export of engineering goods…
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Yes Punjab broke the news in on Sunday, November 16, 2025.
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