Dhinakaran appears in Economic Offences court

AIADMK (Amma) leader T T V Dhinakaran today appeared in a court here to cross examine a prosecution witness in connection with a FERA case against him.
The Madras High Court had allowed him to cross examine the prosecution witness before August 31 in the FERA violation case against him in the Additional Metropolitan Magistrate (Economic Offences) Court at Egmore which framed charges against him on August 1.
Additional Chief Metropolitan Magistrate (Economic Offences), S Malarmathy, asked Dhinakaran if he would like to cross examine the prosecution witness. He replied that he would like to cross examine all the prosecution witnesses.

When the matter came up, the counsel for Enforcement Directorate submitted that the Prosecution Witness-1 is a retired government servant and he will appear on August 28 for the purpose of cross examination and he has to come from Bengaluru.
The judge then posted the matter for the purpose of cross examination by Dhinakaran to August 28.
The case of the prosecution is that Dhinakaran acquired USD 1,04,93,313 in foreign exchange without obtaining prior permission from the Reserve Bank of India and deposited it in the current account of Dipper Investments Limited, a company incorporated in the British Virgin Islands, and having account with Barclays Bank, Sutton, UK.

Charging him under FERA violation, the ED imposed a penalty of Rs 28 crore.