Karnal Singh gets two-year fixed term as ED chief

Enforcement Directorate (ED) chief Karnal Singh, who was due to retire in August this year, was today given a fixed tenure of two years.

Published: 07th February 2017 06:03 PM  |   Last Updated: 07th February 2017 06:03 PM   |  A+A-

By PTI

NEW DELHI: Enforcement Directorate (ED) chief Karnal Singh, who was due to retire in August this year, was today given a fixed tenure of two years following a Supreme Court directive to set right the anomaly and to make it compliant with the CVC Act. Singh, a 1984 batch IPS officer of Union Territories cadre, was in October last appointed as ED Director till his superannuation.

The Appointments Committee of Cabinet (ACC) has approved two-year fixed tenure for him and it will be effective from October 27, 2016, onwards, as per a fresh official order.

The move comes following a recent direction by the Supreme Court to the government to issue a fresh notification within a week on the appointment of Singh as ED Director for two years in consonance with the provision of the Central Vigilance Commission (CVC) Act.

While hearing a Public Interest Litigation in this regard, the apex court had recently said the fresh order would make it clear that Singh's appointment as ED chief would be for two years from October 27.

The Supreme Court had noted that as per the appointment letter issued to Singh, he will cease to hold office the day he superannuates in August 2017 which was violative of section 25(d) of the CVC Act which provides for a fixed tenure for the Director of Enforcement Directorate at not less than two years.

The PIL, filed last year by Mumbai-based former IRS officer Uday Babu Khalwadekar, has sought quashing of the "ad-hoc" appointment and subsequent extensions granted by the Centre to Singh as head of premier anti-money laundering investigation agency in alleged violation of the law.

Singh held the additional charge of the post of ED chief since August 2015 till the time he was elevated as the Director. The agency has a mandate to enforce two of the most stringent laws in the country--Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA)--to check black money and hawala transactions.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

facebook twitter whatsapp