The Enforcement Directorate (ED) has requested additional documents from businessman and entrepreneur Gokulam Gopalan. The ED has asked Gokulan Gopalan to provide details of all individuals involved in the transactions related to the “Kuri” (a type of informal saving system) and information on the total number of licensed “Kuris.” The ED has also inquired about how many expatriate schemes have been conducted since 2022.
Additionally, the ED has asked for records related to the money transferred through the expatriate schemes. The documents requested must be handed over before the 22nd. Recently, the Enforcement Directorate conducted a large raid at the Gokulam offices owned by Gokulam Gopalan, which led to the request for further documentation.
There have been complaints regarding Gokulam’s purchase of the Holiday Inn hotel in Palluruthy, Ernakulam. Allegations have been made regarding financial mismanagement and money laundering. During a search at Gokulam Gopalan’s office, around three crore rupees were seized. The ED has also conducted extensive investigations based on violations of FEMA (Foreign Exchange Management Act). The Enforcement Directorate confirmed that Gokulam Gopalan had been under surveillance for the past six months.
