ED Searches Co-Founder Of Shekhar Suman Film Academy In FEMA Probe

The Enforcement Directorate (ED) on Thursday conducted searches at premises linked to Mumbai-based Kalanee Impex Pvt Ltd and its director, Dharmesh Narendra Sangani, under the provisions of the Foreign Exchange Management Act (FEMA), officials said.

Sangani is a film producer and co-founder of the Shekhar Suman Film Academy. He is also the producer of Shekhar Tonite with Shekhar Suman, which premiered on Shekhar Suman's official YouTube channel in May this year. On Shekhar Suman Film Academy website, Dharmesh Sangani profile says,"Dhamesh Sangani is an entrepreneur turned film producer whose vision, passion, and belief in creative education led to the inception of the Shekhar Suman Film Academy. With a strong entrepreneurial background and a deep-rooted love for cinema, he brings together strategic thinking and creative sensibility to build an institution dedicated to nurturing genuine talent."

The searches were conducted in connection with an alleged foreign exchange violation case. According to the ED, investigators recovered evidence of undisclosed foreign assets, overseas bank accounts and suspicious cross-border transactions. Officials said undisclosed bank accounts in Canada, the United States and the United Arab Emirates, along with related transactions allegedly not disclosed to the authorities, were identified during the searches.