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Chandraswami acquitted

New Delhi: Controversial self-styled godman Chandraswami and his personal secretary were on Friday acquitted by a Delhi court of the charge of violating Foreign Exchange Regulation Act (FERA) relating to payments of 13,910 pounds to law firms to fight his legal cases in the United Kingdom in 1986-87.

“I acquit accused Nemi Chand Jain alias Chandraswami and Kailash Nath Aggarwal (personal secretary) of the charges under the Foreign Exchange Regulation Act,” Additional Chief Metropolitan Magistrate Ajay Pandey said.

The court refused to lend credence to the alleged recoveries of various communications and letters relating to payments made to two London-based solicitors' firms.

The Enforcement Directorate (ED) had conducted a search on February 23, 1990, at the residence of Kailash Nath Aggarwal here, which had resulted in the recovery and seizure of documents and letters written by solicitors to Chandraswami. - PTI

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