Question 2GS2GS2

Discuss the role played by the Directorate of Enforcement in the investigation of offence of money laundering and violations of foreign exchange laws.

Introduction

Due clause of Enforcement ED is a central investigative agency

10 words

Main Body

Due clause of Enforcement ED is a central investigative agency designated to tackle case under Prevention of Money Laundering Act PMLA & Foreign Exchange Management Act FEMA. Role played by ED: (1) Preliminary agency to investigate money laundering & violation of FEMA. (2) Has power of arrest and confiscation of property under PMLA. (3) Coordinates with Department of Revenue to identify potential violation.

4Has specialized team to investigate complex Money Laundering frauds (5) Can carry and closed search under PMLA. Challenges faced: - Politicization - Used for ordinary cases, low conviction rate (only 27 out of 888 cases between 2014-21) - Administrative and budgetary independence - Idea of CJI (NV Ramana) to establish umbrella body for central investigative agency with clearly defined powers, procedures and autonomy forward.

128 words1 paragraphs

Conclusion

Idea of CJI (NV Ramana) to establish umbrella body for central investigative agency with clearly defined powers, procedures and autonomy

20 words

Open original scan

Page 3

Topper

Pakshal

AIR 82071

Subject & Paper

GS2GS2

Topic

Executive, Judiciary, Ministries and Pressure Groups

Executive

Directorate of Enforcement

Writing Stats

158

Total words

Paragraphs