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Wednesday, August 13, 2025
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.

ED attaches part of Mumbai building in National Herald case under money laundering Act

Ananya Bhardwaj -
ED says Mumbai property, worth Rs 120 crore, was purchased after fraudulently taking a loan from Delhi’s Syndicate Bank.

ED moves Bombay High Court, seeks cancellation of Kapil Wadhawan’s bail

PTI -
The DHFL promoter has been accused in a money laundering case, for allegedly violating bail conditions and travelling during the lockdown.

ED files money laundering case after clash between Trinamool Congress factions in Kolkata

Madhuparna Das -
ED official says they are probing the money trail and funds spent on acquiring illegal arms and explosives, which were used in the clash that took place on 30 March.

‘Health is priority’ — DHFL promoters cite coronavirus to avoid facing ED in Yes Bank case

Ananya Bhardwaj -
In their replies to summons issued by ED, both Dheeraj Wadhawan and Kapil Wadhawan have said they have “nothing more to say” in the Yes Bank case.

Enforcement Directorate summons Anil Ambani in probe against Yes Bank’s Rana Kapoor

PTI -
The Enforcement Directorate official said that Anil Ambani's group companies have taken loans of about Rs 12,800 crore from the crisis-ridden bank that turned NPA.

ED could attach Rana Kapoor family’s 6 properties worth Rs 1,350 cr ‘bought with kickbacks’

Ananya Bhardwaj -
ED suspects Yes Bank co-founder Rana Kapoor also bought 11 properties in Mumbai, London and NY with kickbacks. Lawyer rubbishes claim as ‘totally false’.

Yes Bank founder Rana Kapoor’s Enforcement Directorate custody extended till 16 March

PTI -
During a court hearing, the investigating agency said that Kapoor had sanctioned loans worth Rs 30,000 crore to different entities during his tenure in the private bank.

Yes Bank co-founder Rana Kapoor arrested at 3am, remanded to ED custody until 11 March

PTI -
Kapoor was arrested under the Prevention of Money Laundering Act after 20 hours of questioning and a Friday night raid on his residence.

ED raids Yes Bank founder Rana Kapoor’s house in connection with money laundering probe

PTI -
According to ED officials, the raid on Rana Kapoor is in connection with loans given by Yes Bank to finance company DHFL, which turned into non-performing assets.

2 terrorists, one of them Bangladeshi, convicted of terror financing in Burdwan blast case

Madhuparna Das -
Jamaat-Ul-Mujahideen Bangladesh terrorists found guilty of money laundering to finance a terror module. ED official says it's first conviction in India in terror financing case.
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