scorecardresearch
Sunday, April 28, 2024
TopicEnforcement Directorate

Topic: Enforcement Directorate

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.

Sonia Gandhi appears before ED for second round of questioning in money laundering case

PTI -
The ED is questioning her in relation with a case registered under the criminal provisions of Prevention of Money Laundering Act last year.

ED arrests Mamata Banerjee close aide & Minister Partha Chatterjee in teacher recruitment scam

Sreyashi Dey -
ED officials have also detained Chatterjee's 'close aide' Arpita Mukherjee, after Rs 20 crore in cash was recovered from one of her properties during raids Friday.

ED raids homes of two West Bengal ministers in teacher recruitment scam

PTI -
Officials also carried out another raid at the residence of former chairman of West Bengal Board of Primary Education, Manik Bhattacharya.

‘Proceeds of crime’ focus of probe, Sonia questioned by ED in National Herald case for 3 hrs

Ananya Bhardwaj -
Congress interim president questioned on alleged loan of Rs 90 crore given by the party to the publisher of National Herald. She has been called again on 25 July.

‘Pressure from Vijayan govt, fake cases’— why ED wants SC to shift gold scam case out of Kerala

Bhadra Sinha -
Enforcement Directorate has moved Supreme Court to transfer gold scam trial to Karnataka. Key accused have levelled allegations against Kerala CM Pinarayi Vijayan, top officials.

ED arrests ex-Mumbai Police chief Sanjay Pandey in NSE phone tapping case

PTI -
The retired 1986-batch IPS officer was taken into custody by the federal probe agency after more than seven hours of questioning in the case.

Summoning Sonia Gandhi to ED will raise public sympathy. BJP knows it, wants it

+TFP Zainab Sikander -
Modi’s BJP would much rather have Congress as the main opponent than fight regional leaders who are more street-smart and politically nimble.

2 meetings, video calls, gifts — inside story of actor Jacqueline & ‘conman’ Sukesh ‘love affair’

+TFP Ananya Bhardwaj -
Sukesh Chandrashekhar allegedly got in touch with actor Jacqueline Fernandez from inside Tihar Jail in 2021 through a go-between to begin seven-month 'love affair'.

ED gets remand of Chitra Ramkrishna till 22 July in NSE phone tapping case

ANI -
Ramkrishna, former MD & CEO of National Stock Exchange, has been accused of money laundering connected with alleged illegal phone tapping and snooping of employees of the stock exchange.

ED asks Sonia Gandhi to appear before it on 21 July for questioning in National Herald case

PTI -
The probe relates to alleged financial irregularities in the Congress-promoted Young Indian Private Limited, which owns the National Herald newspaper.
1...272829...59Page 28 of 59

On Camera

YourTurn

Opinion

America’s out-of-control militarised police forces are a threat to democracy

+TFP Praveen Swami -
The world watched aghast as police armed with tasers, tear-gas masks—and in one case backed up by snipers—arrested hundreds of pro-Palestinian protesters at universities across the United States.

Your place or mine? This dating question comes with extreme risks, dirty pillows & toilets

‘Until Scheduled Castes get pen and stick in their hands, they will continue to be killed’

Economy

Asia’s growth outlook remains positive despite external uncertainties, says ADB

ThePrint Team -
The Asian Development Outlook 2024 report suggests that policymakers in the region should monitor a number of risks. These include escalating conflicts and geopolitical tensions.

Defence

Germany removes restrictions, India can now buy small arms from its firms

Snehesh Alex Philip -
Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

National Interest

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

Shekhar Gupta -
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.

Follow us

Copyright © 2024 Printline Media Pvt. Ltd. All rights reserved.