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ED may close FEMA case against yoga guru Baba Ramdev

May 27, 2015    

New Delhi: Enforcement Directorate (ED) may close a case of alleged foreign exchange violation it had initiated a few years ago against yoga exponent Ramdev and his Haridwar-based trusts due to insufficient evidence.Sources said the agency has not been able to make any significant progress in the case as it could not obtain evidence with regard to financial links about the purchase of an island in Scotland that was 'gifted' to Ramdev by a couple who are among his followers.The Little Cumbrae Island, off the fishing town of Largs in Scotland, serves as Ramdev's base overseas and also as a welln...

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