scorecardresearch
Wednesday, April 24, 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.

Delhi court extends Arvind Kejriwal’s ED custody till 1 April in excise policy case

PTI -
The agency had sought seven-day custody of the AAP chief, but the court said he has to be produced before the court on April 1 at 11 am.

Modi ‘exploring legal options’ to ensure money seized by ED from ‘the corrupt’ reaches the poor

Sreyashi Dey -
BJP puts out details of PM's phone conversation with Krishnanagar candidate Amrita Roy, during which he told her to 'take my message to the people that I sent this message for Bengal'.

Justice Ritu Raj Awasthi sworn in as new judicial member of Lokpal of India

ThePrint Team -
Justice Awasthi, was earlier the Chairperson of the Law Commission of India and the Chief Justice of Karnataka High Court before joining Lokpal of India.

ED raids residences of ‘kingpin’, 2 IAS officers in Punjab multi-crore guava ‘scam’

Chitleen K Sethi -
Houses of Punjab excise commissioner Varun Roojam, Firozepur deputy commissioner Rajesh Dhiman & alleged kingpin Bhupinder Singh were among those searched. Dhiman was detained.

5-min phone calls, lack of secrecy — challenges Kejriwal will face if he rules Delhi from prison

Bismee Taskin -
Inmates are allowed interviews with family, friends & legal advisers only twice a week, but can approach court for more. Meetings among top officials for security arrangements ongoing.

ED attaches assets worth Rs 124 cr linked to M3M group in Religare Finvest money laundering case

Mayank Kumar -
ED says M3M sold overpriced shares amounting to Rs 726 crore to another company, which borrowed from Religare Finvest & M3M partners received Rs 500 crore as crime proceeds.

First-past-the-post in a palanquin system & the evasive art of unlearning

ThePrint Team -
The best cartoons of the day, chosen by the editors at ThePrint.

BRS’s K Kavitha sent to judicial custody till 9 April in connection with Delhi excise policy case

ANI -
Rouse Avenue Court fixed April 1 for hearing on interim bail plea moved by Kavitha. ED alleges she conspired with top AAP leaders to get favours and paid Rs 100 crore to them.

‘Loyal citizen’: Geelani’s granddaughter, Shabir Shah’s daughter distance themselves from separatism

Bismee Taskin -
The two women have also said they are not affiliated to any organisation that is against the sovereignty of the Union of India.

Opposition between jailhouse rock & a hard place, and who needs ED when you have Didi

ThePrint Team -
The best cartoons of the day, chosen by the editors at ThePrint.
1...345...58Page 4 of 58

On Camera

YourTurn

Opinion

Influencer is a real job. They are shaking up the internet

Triya Gulati -
The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.

We failed the UP board topper. She should be celebrated, not bullied for her facial hair

Pakistan finance minister should learn from Manmohan Singh and engineer an economic revival

Economy

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

+TFP TCA Sharad Raghavan -
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

Defence

India, Oman hold 5th annual high-level meeting to boost maritime security

ThePrint Team -
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

National Interest

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

Shekhar Gupta -
While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.

Follow us

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