Tag: Foreign Funding

Law Violator 5K NGOs Barred From Receiving Foreign Funding

[New Delhi] Law Violator 5K NGOs Barred From Receiving Foreign Funding
Nearly 5,000 NGOs were barred by the government from receiving foreign funding after cancellation of their licences since April 2017,
Union minister of state for home Kiren Rijiju said in Lok Sabha that the registration of the NGOs under the Foreign Contribution Regulation Act was cancelled after they were found to be violating the laws.
Rijiju said one time opportunity to upload pending annual returns from 2010-11 onwards without depositing any penalty was provided to all the defaulting NGOs from May 14, 2017 to June 15, 2017.
Replying to another question, the minister said during the last five financial years, Directorate of Enforcement has registered cases against 2,745 companies under the provisions of Foreign Exchange Management Act (FEMA), 1999, out of which 537 cases have been closed and 183 show cause notices have been issued.
Cases against 289 companies have also been registered under the provisions of Prevention of Money Laundering Act (PMLA), 2002,

“AAP” Party Recharged With High Court.sDirections,On Foreign Funding To Congress & B J P

[New Delhi] High Court.s Directions, Regarding Foreign Funding, Has Recharged Aam Aadmi Party (AAP) With This New Energy AAP Party Has challenged the Congress and the BJP to disclose the sources from whom they are getting more than 80% of their funds being spent in the Lok Sabha election campaign.
AAP Party has challenged The silence of Congress And B J P And Thrown Following Questions
[1]Are the Congress and the BJP in a position to come clean on the following questions :
[2]Can the Congress deny that it has received nearly Rs 10 crore as funds from foreign source in violation of the law between 2003-04 and 2011-12 ?
[3]Can the BJP deny that it has received almost Rs 20 crore foreign funds over the same period ?
[4]Why is home minister Mr Sushil Kumar Shinde silent after the Delhi High Court found his ministry to be giving a wrong explanation on the foreign funding of the Congress and the BJP ?
[5]While clearing Own Position ,Party Said “When the AAP, which came into existence barely 16 months has put all funds received by it on its website for the public to see, why are the Congress and BJP so secretive about their funds and sources ?
[6]Can the BJP deny that it has even received foreign funds from the Dow Chemical Company, which acquired the Union Carbide Corporation, that was responsible for India’s worst industrial disaster – the 1984 Bhopal Gas Tragedy?
The Delhi High Court’s judgment on the petition jointly filed by Mr EAS Sarma (former secretary in the central government) and the Association for Democratic Reforms, makes it clear that the home ministry and the Election Commission have to take action against these two parties.
AAP Party has demanded that the probe into the foreign funding of the Congress and the BJP should be monitored by the Election Commission, since the home ministry, which virtually gave a clean chit to these two parties, cannot be expected to complete an impartial investigation.
The EC, which has taken concrete steps in curbing the use of black money in elections, should treat this case as an example to come down harsh on the corporate-political nexus, exposed by the landmark High Court judgment.
The funds received from the Indian subsidiaries of England based Vedanta Resources by the Congress and BJP raises serious allegations of conflict of interest and bribery. These allegations cannot be brushed under the carpet and the AAP demands that the EC should seek all details from these parties about all clearances provided by their governments to these companies and when did they receive funds from these companies.