Question 1GS2GS2

मनी लॉन्ड्रिंग के अपराध और विदेशी मुद्रा कानूनों के उल्लंघन की जांच में प्रवर्तन निदेशालय द्वारा निभाई गई भूमिका पर चर्चा कीजिए। Discuss the role played by the Directorate of Enforcement in the investigation of offence of money-laundering and violations of foreign exchange laws. (Answer in 150 words)

Main Body

Directorate of Enforcement is a premier financial investigation agency of India under Ministry of Finance.

Role in money laundering and foreign exchange laws:-

1Implementing agency for Fugitives of Economic Offence Act (FEOA) and hence coordinates for action of economic fugitives.

2Has power to attach and seize properties in case of financial crimes.

3Implementing of agency for Prevention of Money Laundering Act (PMLA), 2002.

4Has power to investigate flow of foreign accounts under Foreign Exchange Management Act (FEMA).

5Coordinates with international agencies such as Interpol etc.

Cp: Nishan Chakker case.

Issues:

1. Politicization of office to stifle opposition.

2. Concern over loss of autonomy (2010-2020) due to change in tenure here have been 9 chairpersons.

Government must ensure that ED does not become a tool in political game. It must be provided with capabilities for safety restoration & conviction in cases.

145 words11 paragraphs

Examiner score

1.1/10

Open original scan

Page 1

Topper

Hrishikesh Rajendra

AIR 612419

Subject & Paper

GS2GS2

Topic

Executive, Judiciary, Ministries and Pressure Groups

Ministries and Departments

Directorate of Enforcement

Writing Stats

145

Total words

Paragraphs