Mirror Now
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Ground Reality | Money Laundering Line Drawn For ED, Court Sets The Remit | Mirror Now
Posted
January 26, 2023
Views
218
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January 26, 2023
218
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7:07Now PlayingIn the ground reality on Mirror Now, the Delhi high court has ruled that the Enforcement Directorate (ED) does not hold the power to probe any other offence except money laundering cases and can not itself assume that a predicate offence has been committed. Very simply put the PMLA act which was to guard against money laundering came to be challenged before the supreme court. Supreme court upheld the constitutionality of the act. Supreme court also clearly interpreted various sections, roles and powers of various authorities including the ED. "ED cannot possibly arrogate unto itself the power to investigate or inquire into the alleged commission of those offences. In any case, it cannot, on its own motion, proceed on the surmise that a particular set of facts evidence the commission of a scheduled offence and based on that opinion initiate action under the PMLA," it said. Keep watching Mirror Now for more updates!
#supremecourt #moneylaunderingcase #ed #topnews #englishnews
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