Authorities Raid Soros-Backed Groups Over $3 Billion
**India Raids Soros-Linked NGOs in Major Crackdown**
India’s Enforcement Directorate conducted simultaneous raids at eight locations tied to George Soros’ Open Society Foundations (OSF) and its economic arm, SEDF. The operation targeted alleged foreign exchange violations under FEMA laws.
**$3 Billion in Suspect Funding Exposed**
Authorities claim OSF illegally funneled over $3 billion into Indian NGOs since 2016, despite being blacklisted. Officials allege the funds were disguised as consultancy fees and foreign direct investments to bypass restrictions.
**”FDI Used as Cover”**
An ED official revealed the money moved through investment channels to avoid scrutiny. “This was systematic evasion,” the source stated, suggesting the funds supported restricted political activities.
**U.S. Parallel Investigation Emerges**
As India acts, U.S. Republicans are probing Soros’ $415 million acquisition of 200+ radio stations via Audacy Inc. Critics allege the Biden administration fast-tracked FCC approval for the deal.
**Election Influence Concerns**
GOP lawmakers warn Soros could weaponize the stations to shape 2024 election coverage. The timing—amid India’s crackdown—highlights growing global scrutiny of Soros’ network.
**Bypassing Legal Restrictions**
India banned OSF funding in 2016, but raids suggest the group continued operations through shell entities. Documents seized may reveal deeper financial violations.
**Global Pattern of Influence**
The dual investigations in India and America reveal coordinated efforts to curb Soros’ influence. While OSF claims to support democracy, authorities increasingly view its operations as politically motivated financial maneuvers.