MUMBAI – A court in India has slapped a fine worth INR5,000,000 on singerAdnan Sami for buying properties in Mumbai in 2003, Indian media reported.
According to the reports, a tribunal for India’s Foreign ExchangeManagement Act (FEMA) imposed the hefty fine over the purchase of eightproperties in Mumbai — when he was not an Indian citizen — withoutobtaining permission from the Reserve Bank of India.
The tribunal, on the other hand, refused the petition to confiscate thesame properties but bumped up the prior fine of INR2,000,000 toINR5,000,000, which was to be paid in three months after the court’s order.Sami had previously paid INR1,000,000 of the total fine.
“Sami shall deposit the remaining ?40 lakh [INR4,000,000] with therespondent [ED] within three months from today. As no case under Section13(2) [pertaining to the confiscation,] the said findings and part of theorder is quashed,” the court said in its ruling, according to an Indianmedia outlet.
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The publication noted that the flats in Mumbai had costed Sami almostINR25,300,000. He maintained that he was unaware of Pakistanis not beingallowed to buy immovable property in India, it added.
