Question

In September 2023, after the retirement of Incumbent Sanjay Kumar Mishra, who was appointed as In-charge Director of ED?

• A. Tushar Mehta
• B. Rahul Navin
• C. Samant Goel
• D. TV Somanathan

Answer 1

Answer:

B. Rahul Navin

Enforcement Directorate (ED) Leadership Transition

In September 2023, a significant change occurred in the leadership of the Enforcement Directorate (ED), a key Indian law enforcement agency responsible for economic crimes.

Appointment of In-charge Director

• Following the retirement of Sanjay Kumar Mishra, who had been serving as the Director of ED, Rahul Navin was appointed as the In-charge Director.

• This appointment was made on an interim basis until a permanent successor was named.

Background on Enforcement Directorate (ED)

• The ED is a multi-disciplinary organization that enforces economic laws and fights economic crime in India.

• It operates under the jurisdiction of the Ministry of Finance, Department of Revenue.

• The ED is responsible for the investigation of economic-related crimes such as money laundering and foreign exchange violations.

• Key acts enforced by the ED include the Prevention of Money Laundering Act, 2002 (PMLA) and the Foreign Exchange Management Act, 1999 (FEMA).