New Delhi: The Enforcement Directorate(ED) has on Tuesday started its probe to trace the source of alleged foreign funds in the account of journalist Syed Mohd Ahmad Kazmi, an accused in Israeli embassy blast case. Kazmi’s account transaction is being probed under Foreign Exchange Management Act (FEMA).

According to the ED officials, Delhi Police had requested the agency to probe the source of alleged foreign funds in Kazmi’s accounts.

Delhi police earlier claimed that it had got evidences against Kazmi and his wife for receiving unaccounted money. Delhi Police also said that there was “no satisfactory” explanation given by the accused regarding the funds.
Meanwhile, CBI has sent a request to Interpol to issue red-corner notice against three Iranian citizens accused of bombing Israeli embassy vehicle. 

Apart from investigating the source of foreign funds ‘received’ by Kazmi, ED will also probe whether Reserve Bank of India (RBI) has been informed about it or not.

According to the guidelines, the RBI must be informed about the transfers of foreign funds, failing to which is considered as the violation of FEMA.

Kazmi, 50, a journalist, was arrested on March 6 following probe into the February 13 incident where a magnet bomb was stuck on the rear of an Israeli embassy vehicle in the heart of the national capital.