US EditionED searches beneficiaries of George Soros' OSF in a FEMA probe
- The Enforcement Directorate searched the offices of George Soros' Open Society Foundation and linked NGOs as part of a Foreign Exchange Management Act investigation.
- In 2022, Aakar Patel was fined Rs 10 crore for violating foreign exchange laws, with the NGO fined Rs 51.72 crore as well.
- The BJP has accused organizations funded by Soros of producing 'anti-India' narratives, alleging they collaborate with the Congress to undermine the government.
- The Enforcement Directorate's investigation includes scrutiny of alleged foreign direct investment sourced by the Open Society Foundation that violates FEMA guidelines.
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Breaking: India Raids Soros-Backed Offices Linked to the Open Society Foundations in Karnataka
In a significant move, Indian authorities have conducted raids on offices tied to George Soros’ Open Society Foundations in Bengaluru, probing alleged foreign exchange violations. Uncover the implications of this unfolding story.
·United States
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Home Ministry Put Soros-Backed Open Society In Prior Reference Category Over Undesirable Activities: ED Sources
Since then, they added, Open Society Institute (previously Open Society Foundation) needs prior sanction from the ministry for sending money to FCRA-registered organisations in India. Soros Economic Development Fund (SEDF) is the social impact investment arm of the OSI
·India
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Total News Sources23
Leaning Left4Leaning Right7Center0Last UpdatedBias Distribution64% Right
Bias Distribution
- 64% of the sources lean Right
64% Right
L 36%
R 64%
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