• UGI USER
  • Dec 19, 2023
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SUPREME COURT CLARIFIES PMLA ACCUSED RIGHTS

Why in the News?

  • SC dismisses Supertech chairman Ram Kishor Arora’s appeal challenging his ED arrest.
  • SC clarifies the Enforcement Directorate (ED) isn’t obliged to provide a copy of detention grounds during the arrest.
Source: ToI

About Judicial Decision on Arrest Validity:

  • Upholding the fundamental right, this judgement addresses concerns about Article 22(1) violation related to informing the arrested person.
  • SC emphasized, oral communication during arrest , coupled with a written copy within 24 hours, meets legal requirements.
About Prevention of Money Laundering Act

·  The PMLA enacted in 2002 addresses money laundering( the process of disguising illicitly gained funds to appear legitimate).

·  Enacted to fulfill India’s global commitment under the Vienna Convention, this criminal law aims to prevent money laundering, allowing property confiscation related to such activities.

·  The Enforcement Directorate (ED) is tasked with investigating, tracing assets from criminal proceeds, provisional attachment, prosecution, and property confiscation through Special courts.