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Wednesday, August 20, 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.

Inside VueNow, now under ED lens: Lavish offices, MoU with UP govt & Rs 3,500 crore ‘ponzi scheme’

Mayank Kumar -
CEO Sukhvinder Kharour & wife Dimple were arrested by ED at Delhi airport last week. In 2023, UP govt had lauded Kharour for ‘reposing faith in state policies' at investors’ summit.

Gurugram Police arrest Bihar man for impersonating ED director, extorting realtor of Rs 25 lakh

Mayank Kumar -
Siddharth Chauhan’s SBL Realtech owed nearly Rs 37 crore to some companies, but he had shrugged off the dues, alleging that his firm was defunct & under insolvency proceedings.

Canadian gold heist reverberates in India as ED raids wanted Mohali man in rare ‘suo motu’ action

Mayank Kumar -
Former Air Canada manager Simran Preet is said to be part of a nine-member gang suspected to be behind sensational $20 million gold heist from Toronto airport.

ED fines BBC World Service India Rs 3.44 crore for FEMA violations, penalises 3 directors too

Mayank Kumar -
ED’s FEMA case came after an Income Tax Department survey of the BBC’s offices in New Delhi and Mumbai in February 2023 found violations.

ED attaches Rs 10 cr worth of assets of Tamil director in Rajinikanth-starrer Robot plagiarism case

Mayank Kumar -
The ED case stems from a 2011 complaint by writer Aarur Tamilnadan, who accused director Shankar in a Chennai court of copying the plot of the 2010 film Robot from his story.

PMLA case: ED urges SC to recall DMK minister Senthil Balaji’s bail, says he’s trying to ‘delay trial’

Mayank Kumar -
ED alleged in affidavit before SC that Balaji’s legal team dragged on examination of witness, a state govt forensic expert, for three months in ‘deliberate attempt to delay trial’.

ED seizes Rs 1,646 cr in crypto from Gujarat. What is the multinational BitConnect scam

Mayank Kumar -
Satish Kumbhani was arrested in 2019 for ‘orchestrating fraud through his firm BitConnect’. He was also indicted in US in 2022 for running 'ponzi scheme'. He is currently out on bail.

ED identifies Abu Dhabi T10 cricket team owner as ‘mastermind’ of Rs 500 cr investment fraud in India

Mayank Kumar -
Dubai-based venture capitalist Lavish Choudhary allegedly floated a multi-level scheme called ‘Botbro’, claiming to trade forex via AI bots. Fraud was first busted by HP Police in 2023.

Himachal scholarship ‘scam’: After ED tip & its officer’s arrest, CBI reopens cases against 2 varsities

Mayank Kumar -
CBI charged 20 institutes in March 2024 for allegedly diverting funds in the name of scholarships to students from SC/ST categories, but 2 of them were given clean chits.

Mumbai tech firm founder’s death during ED raid was not a one-off. Here are other similar cases

Mayank Kumar -
ED officials took Vakrangee founder Nandwana to hospital where he was declared dead. Here are some recent instances of deaths of those facing probes by various investigating agencies.
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