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.

Journalist accused of Rs 100 crore corruption gets no relief from SC on investigation

PTI - August 28, 2018

Upendra Rai had asked the court to restrain ED officer Rajeshwar Singh from conducting an investigation against him.

Court extends Chidambaram & son’s interim protection from arrest

PTI - August 7, 2018

Chidambaram’s role has come under scanner in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case.

ED files fresh chargesheet against AgustaWestland directors and ex-IAF chief

PTI - July 18, 2018

The chargesheet filed in a Delhi court states that the accused laundered around 28 million euro. Further action on 20 July.

Probe against ED officer not likely to affect Aircel-Maxis investigation

Ananya Bhardwaj - June 29, 2018

ED joint director Rajeshwar Singh has been accused of amassing disproportionate assets while investigating high-profile scams.

SC won’t take action against ED officer probing Aircel-Maxis deal, says it’s up to Centre

Ritika Jain - June 27, 2018

Says government should examine “continued role” of the officer, but observes no 2G investigator should be “under a cloud”.

Belgium to cooperate with India in Nirav Modi’s extradition

PTI - June 26, 2018

Country's ambassador to India says extradition treaty exists with India but cautions,'rule of law applies in Belgium.'

Saradha case: ED summons Nalini Chidambaram again

PTI - June 18, 2018

She was questioned by the ED and the CBI earlier, but sources said she was being summoned again in 'light of new evidence'.

Nirav Modi, India’s most-wanted jeweller, is in UK now; ED moves to extradite him

Ananya Bhardwaj - June 6, 2018

Enforcement Directorate initiates the process of extraditing the diamond merchant, wanted in connection with the Rs 11,000 crore PNB fraud scam.

Govt unleashes its caged parrot CBI when under crisis. Sterling scam is no different

Maneesh Chhibber - June 4, 2018

Whenever the NDA government faces a crisis, a new development is suddenly reported in investigations involving the BJP’s opponents or its critics.

ED attaches property worth Rs 4,701 crore in money laundering case involving Sandesara group

Ananya Bhardwaj - June 1, 2018

Seizures include 4,000 acres of land, plant machinery and high-end cars; group allegedly involved in money laundering worth Rs 5,000 crore

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Topic: Enforcement Directorate

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