The Enforcement Directorate (ED) is a central agency working directly under the Ministry of Finance, tasked with investigating and enforcing laws related to financial offenses. Its origin goes back to 1 May, 1956, when an Enforcement Unit was formed in the Department of Economic Affairs for handling Exchange Control Laws violations under Foreign Exchange Regulation Act, 1947. The following year, this Unit was renamed as Enforcement Directorate.
The ED’s mandate encompasses investigating offenses under significant legislative frameworks such as the Prevention of Money Laundering Act (PMLA), the Foreign Exchange Management Act of 1999 (FEMA), and the Fugitive Economic Offenders Act of 2018 (FEOA). The agency investigates individuals and entities involved in financial wrongdoing. This may include tracing illicit funds, seizing assets acquired through illegal means, and prosecuting offenders to ensure accountability and deterrence.
Headquartered in New Delhi, the ED operates through a network of regional offices in Mumbai, Chennai, Chandigarh, Kolkata.
The BBC has steadily lost its reputation for unbiased and objective reporting. It’s journalism nowadays comes across as cringe and ideologically motivated and, more often than not, is embarrassing.
Its strategy of milking the Indian market while also peddling Left-wing conspiracy theories such as “Hindu majoritarianism” are blatant attempts at propaganda and interference in our electoral process. Since it is funded by the British government, this amounts to British interference in our electoral process.
The Union government would have been better off banning the BBC. Indira Gandhi did it back in the day and for very good reasons.
Don’t like the message, then shoot the messenger.