Which of the following agencies is primarily responsible

Q: Answer-Which of the following agencies is primarily responsible for investigating offences under the Preven...

The Enforcement Directorate ED is the central agency empowered under the PMLA, 2002 to investigate cases of money laundering and proceeds of crime. ED also has the authority to Attach and confiscate property derived from money laundering, Prosecute offenders before the Special Court under PMLA.

for investigating offences under the Prevention of Money Laundering Act, 2002?

A Central Bureau of Investigation (CBI) Correct Answer Incorrect Answer

B Enforcement Directorate (ED) Correct Answer Incorrect Answer

C Income Tax Department Correct Answer Incorrect Answer

D Reserve Bank of India (RBI) Correct Answer Incorrect Answer

Solution

The Enforcement Directorate (ED) is the central agency empowered under the PMLA, 2002 to investigate cases of money laundering and proceeds of crime. ED also has the authority to: • Attach and confiscate property derived from money laundering, • Prosecute offenders before the Special Court under PMLA.

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