Perspective: SC's PMLA Ruling | 28 July, 2022

Sansad TV
In this episode of the Perspective Prog. Based on ‘SC’s PMLA Ruling’. We will talk about the Supreme Court’s ruling on the Prevention of Money Laundering Act. Delivering its verdict on a batch of petitions concerning the interpretation of certain provisions of the Act, the SC bench opined that money laundering is a “heinous” crime that not only affects the social and economic fabric of a nation but also tends to promote other serious offenses like terrorism and drug trafficking. Upholding the validity of certain provisions of the PMLA, the bench noted that the law was enacted to address the urgent need for comprehensive legislation to prevent money laundering and prosecute those indulging in activities related to the proceeds of crime. The court also upheld the Enforcement Directorate’s powers relating to arrest, attachment of property involved in money laundering, search and seizure under the PMLA, which were challenged by multiple petitioners. We decode the SC’s judgment – on the provisions of the PMLA that were challenged and on the powers of the Enforcement Directorate.

Guests:
1. Karnal Singh, Former Chief, Enforcement Directorate
2. Dr. Justice Satish Chandra, Former Judge, Allahabad High Court
3. A. K. Bhattacharya, Editorial Director, Business Standard

Anchor: Teena Jha
Producer: Sagheer Ahmad

Follow us on:
-Twitter: https://twitter.com/sansad_tv
-Insta: https://www.instagram.com/sansad.tv
-FB: https://www.facebook.com/SansadTelevi…
-Koo: https://www.kooapp.com/profile/Sansad_TV

Subscribe to Sansad TV YouTube Channel: https://www.youtube.com/c/SansadTV

Visit Sansad TV website: https://sansadtv.nic.in/