New Delhi: Pulling up the Centre for its apathy towards certain overseas firms
allegedly involved in illegal outflow of foreign exchange worth several hundred
crores of Rupees by offering e-commerce packages, Delhi High Court on July 29 sought
a complete report from the government.
Taking strong exception to the government treating the matter lightly, a Bench
comprising Justice Anil Dev Singh and Justice Mukul Mudgal sought the presence of
Additional Solicitor General (ASG) to place before it a correct picture of the whole
case on August 12.
The court also directed one such firm, Skybiz Ltd, a US company operating through
its agents, to furnish complete details about its assets and bank accounts.
"There is an element of inducement in the offers of the Skybiz. Would the government
like the system to be exploited like this? Though they (Skybiz) are no longer doing
business, still you (government) are allowing them to exploit the people," the court
told a junior lawyer appearing on behalf of the government.
The court said if the Centre had taken appropriate action against the firm in time,
flight of valuable foreign exchange worth several crore Rupees would have been
checked.
According to a public interest litigation (PIL) filed by a lawyer Anil Yadav,
foreign exchange worth several crore of Rupees had been taken away by Skybiz in
violation of Law.
Yadav's counsel Gagan Gupta, reading out from an affidavit filed by Enforcement
Directorate (ED), said it showed that notices have been issued to 17 agents of
Skybiz seeking their explanation about outflow of money in Dollars worth Rs 150
crore.
PTI