Former Finance Minister T. M. Thomas Isaac on Thursday, August 11, 2022, demanded the Enforcement Directorate (ED) to either explain the nature of the Foreign Exchange Managament Act (FEMA) violation that he has committed or else withdraw the summons asking him to appear before the agency.
A day after filing a writ petition in the Kerala High Court seeking to quash the notices issued by the ED, Mr. Isaac said that the two summons issued to him ''are unilateral and neglects to mention the nature of the offence.'' ''I should be told what the offence is that I have committed. Or else, recall the notices. Since they may not do so, I have also approached the High Court,'' he said.
He said he had no objection appearing before the agency if the ED could supply a valid reason.
