Supreme Court to Review Money Laundering Act Verdict Today | India is blooming
New Delhi/IBNS: The Supreme Court will hear the verdict of the Money Laundering Act on Thursday, which upheld the sweeping powers of the Law Enforcement Directorate (ED), news reports said.
In a landmark judgment last month, the Supreme Court upheld the power of the Enforcement Directorate (ED) to overrule all objections raised against the investigative agency.
The Supreme Court upheld almost all the provisions of the Prevention of Money Laundering Act or PMLA.
The petitioners, who had opposed the power of the ED, argued that the agency’s unchecked authority to arrest the accused without informing him of the reason for the arrest is unconstitutional.
Currently, the ED is investigating two crucial cases at least one of which has national implications, the National Herald case and the West Bengal teacher recruitment scam.
Acting Congresswoman Sonia Gandhi and her politician son Rahul Gandhi are already being questioned by the ED in the money laundering case linked to the National Herald newspaper.
On the other hand, West Bengal Minister and Trinamool Congress (TMC) General Secretary Partha Chatterjee has been arrested by the ED in connection with the School Service Commission (SSC) scam and recovery of a cash value of Rs. 21 crores from the residence of his aide Arpita Mukherjee.