The Enforcement Directorate (ED) conducted a search at a Ghaziabad entity, revealing a significant stash of illegal liquor and documents indicating suspicious foreign inward remittances exceeding Rs 6 crore. One individual was apprehended by the UP Excise department in connection with the case. The search, carried out under FEMA provisions, targeted premises in Delhi-NCR linked to Satat Sampada Private Limited (SSPL).
The Uttar Pradesh Excise department seized the illicit foreign liquor from Harjeet Singh’s premises, who is associated with the Satat Sampada Climate Foundation. Singh, along with Jyoti Awasthi, shareholders of SSPL, allegedly diverted foreign funds to personal accounts for private use. Investigations suggest that these remittances, disguised as consultancy charges, were received from foreign entities like Climate Action Network (CAN) and STAND.EARTH.
The funds, sourced from NGOs like Rockfellar Philanthropy Advisors, were purportedly intended to promote the Fossil Fuel Non-Proliferation Treaty (FF-NPT) agenda in India. The ED suspects that SSPL, under the guise of an agro-based company, primarily channeled foreign funds to advance the FF-NPT cause in the country. The agency is scrutinizing the financial trail, potential FEMA violations, and the impact on India’s energy security.
