ED searches home, offices of BYJU'S CEO over 'FEMA violations'
Millennium Post Delhi|April 30, 2023
Seizes incriminating documents & digital data
ED searches home, offices of BYJU'S CEO over 'FEMA violations'

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized "incriminating" documents and digital data as part of a foreign exchange violation probe.

A total of three premises, two business and one residential, including that of the registered company Think & Learn Pvt Ltd were raided under the provisions of the Foreign Exchange Management Act (FEMA), it said.

The federal financial investigation agency said in a statement it has seized various "incriminating documents and digital data".

This story is from the April 30, 2023 edition of Millennium Post Delhi.

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This story is from the April 30, 2023 edition of Millennium Post Delhi.

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