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ED to start investigation Ringing Bells Freedom251 Company

ED Started to Investigate into finances of Ringing Bells


New Delhi News ED to start investigation Ringing Bells Freedom251 Company : Enforcement Directorate Began an investigation into the finances of ringing bells, makers of the world's cheapest smartphone Freedom 251, as questions still concern about the feasibility of offering a handset at Rs 251. Sources said ED seeks financial details and bank accounts of the business and promoters.

No calls or messages sent by the company or its promoters, they said.

The Noida - based phone makers are also under the scanner of the I - T Department looks forward with respect to the financial structure and documents, including those of the Registrar of Companies (ROC) in this regard.

Enforcement Directorate ED : Ringing Bells Freedom251

 
ED to start investigation Ringing Bells Freedom251 Company
ED to start investigation Ringing Bells Freedom251 Company


Industry members also complained against the company to the Ministry Telecom to dig deeper into the matter.

The ministry explained ringing bells wanted to sell his cell phone "Freedom 251" without BIS (Bureau of Indian Standards) certification, and also asked Uttar Pradesh government to check the credentials of the company.

The company said it had received about 6 crore tender for phone registrations.

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