Senior IPS officer Karnal Singh has given additional charge as chief of Enforcement Directorate (ED) for the period of three months. The Appointments Committee of the Cabinet has approved the appointment.
Singh, a 1984 batch IPS Officer, is now working as Special Director, Centre Region in ED, under the Department of Revenue. On August 3, the Appointments Committee had extended the charge of ED Director held by Heavy Industries Secretary Rajan S Katoch for three months beyond July 31 but it has now been curtailed. Katoch was handling the top ED charge in an additional capacity since August 2014 after he was promoted and appointed as the Heavy Industries Secretary.
Enforcement Directorate
- Directorate of Enforcement is a specialized financial investigation agency under the Department of Revenue, Ministry of Finance.
- It is also called economic intelligence agency and it is mainly responsible for enforcing economic laws and fighting economic crime in India.
- It comprises officers of the Indian Revenue Service, Indian Police Service and the Indian Administrative Service.
- The prime objective of the Enforcement Directorate is the enforcement of two key Acts of the Government of India namely, the Foreign Exchange Management Act 1999 (FEMA) and the Prevention of Money Laundering Act 2002 (PMLA).
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