Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe

The Enforcement Directorate said its investigation into the 'Pandora Papers' leaks "revealed" the man's alleged undisclosed foreign exchange dealings outside India.

The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.

The seizure order against Rohan Timblo has been issued under section 37A(1) of the Foreign Exchange Management Act (FEMA).

Rohan is the son of Goa-based miner Radha Timblo, the agency said in a statement.