HC confirms ₹28cr fine on AIADMK Gen Secy Sasikala’s nephew
The Madras High Court on Friday confirmed an order of FERA Appellate Board imposing a penalty of ₹28 crore on former AIADMK MP and party General Secretary VK Sasikala's nephew TTV Dinakaran. The matter related to receipt of more than $10 million by Dinakaran in alleged violation of the Foreign Exchange Regulation Act in 1994-95.