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Wednesday, February 11, 2015

Strategic asset

Finance Secretary held a meeting after PIA recently complained of harassment by Enforcement Directorate and the Reserve Bank of India for violations of FEMA.The Intelligence Bureau and Research & Analysis Wing have objected to Pakistan International Airlines owning immovable properties on Delhi's Barakhamba Road, telling the government that Air India is not being allowed to operate flights to Pakistan and PIA may have Pakistan Intelligence officials working for it. 

Sources in the government told ET that Finance Secretary Rajiv Mehrishi held a meeting on Thursday after PIA recently complained of harassment by Enforcement Directorate and the Reserve Bank of India for violations of Foreign Exchange Management Act for buying four flats and three underground parking at Barakhamba Road, in 2005, which houses the PIA head office. 
Intelligence Bureau, RAW object to Pakistan International Airlines offices in Delhi 

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