The investigative agency said the initial Memorandum of Understanding on the Wadakancherry project was between Red Crescent and Life Mission. “The intention was only to divert the foreign contribution and receive kickbacks from the said foreign contribution. The agreements were executed between third parties who are not parties to the MoU in active connivance with officials under Life Mission and officials of the Consulate General of UAE,” the CBI has said. The agency said the probe so far had only revealed “the tip of the iceberg” regarding the Foreign Contribution (Regulation) Act. It said it was authorised to investigate offence under the FCRA involving receipt of foreign contribution of an amount of ₹1 crore or above.

Source: The Hindu March 01, 2021 14:05 UTC