Bengaluru Man Claims He Bought Rs 50-Crore Dog, Probe Agency Goes Sniffing

New Delhi:

A Bengaluru man’s claim that he spent approximately Rs 50 crore for a rare breed of “wolfdog” sent an Enforcement Directorate (ED) team sniffing at his residence on Thursday, to hunt down any possible corruption or violation of the Foreign Exchange Management Act (FEMA). 

The probe agency, sources said, raided S Satish’s residence and also interrogated him over his dog called Cadabomb Okami, which he claimed to have purchased in February.

During the course of the raid, the ED team sifted through Satish’s bank account and did not come across any huge transaction around the time the dog was allegedly purchased. Such a situation gives rise to doubts over the use of the hawala route for payment, a source said.

The source added that Satish’s claims that the dog is of a foreign breed may also not be true. “The dog appears to be of Indian breed but a detailed probe is underway. His interrogation is still going on,” the source said.