ED Is Not a “Super Cop” or “Loitering Munition” to Probe Everything It Notices: Madras High Court
The Madras High Court has made it clear that the Enforcement Directorate (ED) can initiate action only when there is an existing predicate offence under the Prevention of Money Laundering Act (PMLA). The court emphasized that the ED cannot start an investigation on its own without the foundation of a criminal activity that attracts the schedule of the Act and must be linked to proceeds of crime. The court stated…
