• UGI USER
  • Apr 02, 2024
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KEJRIWAL SENT TO JUDICIAL CUSTODY FOR TWO WEEKS IN DELHI EXCISE POLICY CASE

Why in the news?

Delhi CM Arvind Kejriwal receives 14-day judicial custody for alleged money laundering in the excise policy case. Political controversy ensues.

source:wordpress

Highlights of the Judicial Custody Order:

  • AAP leader and Delhi CM Arvind Kejriwal received a 14-day judicial custody sentence in a money laundering case related to the excise policy.
  • Enforcement Directorate (ED) accused Kejriwal of evasive responses and concealing information during interrogation.
  • ED argued that Kejriwal’s influence might tamper with evidence and sway witnesses.
  • Kejriwal allegedly failed to explain connections with co-accused Vijay Nair, linking him to other AAP leaders.
About Enforcement Directorate (ED):

●   Investigates money laundering offences and foreign exchange law violations.

●   Operates under the Department of Revenue, Ministry of Finance, India.

●   Functions within legal framework and Constitution of India.

Structure:

●   Headquarters: New Delhi; led by Director of Enforcement.

●   Five regional offices: Mumbai, Chennai, Chandigarh, Kolkata, and Delhi; headed by Special Directors of Enforcement.

●   Officers recruited directly or from other investigative agencies like IRS, IPS, and IAS.

●   Tenure:Two years, extendable up to five years with annual extensions.

Functions:

●   COFEPOSA: Empowered to sponsor preventive detention cases under COFEPOSA Act, 1974.

●   FEMA: Enacted to regulate foreign exchange in India, ED investigates contraventions and imposes penalties.

●   PMLA: Executes provisions of PMLA, traces assets from proceeds of crime, attaches property, and ensures prosecution of offenders.