Question

Which authority is primarily responsible for

Q: Answer-Which authority is primarily responsible for investigation under the PMLA?

Explanation The Enforcement Directorate ED, under the Department of Revenue, Ministry of Finance, is the primary agency responsible for investigating offences under the PMLA. It investigates the offence of money laundering and is empowered to attach property, conduct searches and seizures, and file prosecution complaints under the Act.

investigation under the PMLA?

A Central Bureau of Investigation (CBI)

B Reserve Bank of India (RBI)

C Enforcement Directorate (ED)

D Financial Intelligence Unit (FIU-IND)

E Serious Fraud Investigation Office (SFIO)

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Which authority is primarily responsible for

Solution