Enforcement Directorate raids Empuraan producer Gokulam Gopalan for foreign exchange violation

The searches are being undertaken at five premises in various states under the provisions of the Foreign Exchange Management Act

• India Weekly
• 04 April, 2025

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By: India Weekly

THE ENFORCEMENT DIRECTORATE on Friday (4) conducted searches at the premises of Kerala-based businessman Gokulam Gopalan, a chit fund company promoter and one of the producers of Malayalam movie “L2: Empuraan“, for alleged foreign exchange violation of ₹10 billion (£90.30 million).

The searches are being undertaken at five premises in various states, including in Chennai (Tamil Nadu) and Kochi (Kerala), under the provisions of the Foreign Exchange Management Act (FEMA), the official sources said.

The action is being undertaken against Gopalan and his company Sree Gopalan chit and Finance Co Ltd for alleged FEMA violations of ₹10 billion with certain NRIs and some related “unauthorised” transactions, the sources added.

The agency is also understood to be analysing some “cheating” cases against the company for possible investigation under the anti-money laundering law.

“L2: Empuraan”, the second part of the “Lucifer” movie, a trilogy planned by the Prithviraj-Mohanlal team, has become a topic of hot debate over its critique of right-wing politics and the covert mention of the Gujarat riots.

Mohanlal recently expressed regret over the raging row and assured that the controversial portions would be removed from the movie. (PTI)